Mathematics, 02.09.2019 18:30 myloorie
Student needs $1,000 in 4 years what mushy invest today if her investment earns 4% annual interest compounded quarterly
Answers: 1
![\bf \qquad \qquad \textit{Future Value of an ordinary annuity} \\\\ A=pymnt\left[ \cfrac{\left( 1+\frac{r}{n} \right)^{nt}-1}{\frac{r}{n}} \right]](/tpl/images/0221/1881/907a5.png)
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