How much will this ordinary annuity be worth at the end

Reference no: EM13195956

Mike's Sport Shop deposits $3600 at the end of each year for 12 years at 7% annual interest.

How much will this ordinary annuity be worth at the end of the 12 years?

Reference no: EM13195956

Questions Cloud

What is a stock split : What is a cash, special, or stock dividend, what is a stock split and why is a liquidating dividend noteworthy?

Epistemology-metaphysics-moral-political-social and eastern : Principal issue of (Epistemology, Metaphysics, moral , political , social, eastern , structuralism, deconstruction, post-colonial, feminism)philosophy.

How much must be paid back : An amount of $48,000 is borrowed for 14 years at 6.25 interest, compounded annually. If the loan is paid in full at the end of that period, how much must be paid back?

Define ascorbic acid in fresh orange juice : How would the following experimental errors change the calculation of the number of mg of ascorbic acid in fresh orange juice, student neglected to filter the juice

How much will this ordinary annuity be worth at the end : How much will this ordinary annuity be worth at the end of the 12 years?

What is the capital structure decision : What is the capital structure decision, how is the market value of a company affected by its capital structure?

What is the area of the city park : A small city park is shaped like a right triangle with a height length of 211 feet and a base length of 327 feet. What is the area of the city park?

Computation of the number of mg of ascorbic acid : How would the following experimental errors change the calculation of the number of mg of ascorbic acid in fresh orange juice a) student neglected to filter the juice

Find out where the jacobian of the transformation : Find out where the Jacobian of the transformation equals 0, and find the chambers in the u-v plane where the Jacobian is positive and the chambers where it is negative.

User Account

All Pages