Example Of Future Value Of Annuity

Example Of Future Value Of Annuity

1- What is the future value of $34 through 5 years by %0.05 interest 

WRITE THE FOLOWING EQUATION

FV=PV(1+i)n

FV=34(1+0.05)5

FV=34(1.27628815)

FV=43.39

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