Find the present value of an ordinary annuity with deposits of $14,235 quarterly for 10 years at 10.0% compounded quarterly. What is the present value?

You would use this equation y=14,235(1+0.10)^10
Solving it like this
Y=14,235(1.1)^10
Your final answer is 36921.92392 then round and get 36921.92

This is what i found “an explicit formula designates the nth term of the sequence, as an expression of n (where n = the term's location). it defines the sequence as a formula in terms of n. this example is an arithmetic sequence(the same number, 5, is added to each term to get to the next term).” i hope this you for what your looking for. can you plz mark me brainliest?

That is right sorry i was gonna answer but i already saw his