Find the future value of the annuity using the formula

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$100 is deposited at the end of every week for five years in an account that pays 14%/a, compounded weekly.

a. What type of annuity is this? (I'm assuming it is an ordinary simple annuity)

b. Find the future value of the annuity using the formula.

c. Find the future value of the annuity using a spreadsheet. In your answer include the formulas that you typed. (I need FV formulas with no shortcuts)

d. Find the future value of the annuity using the TVM solver on a graphing calculator or on a website. In your answer, include what values you typed for each parameter.

Reference no: EM132061282

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