Magtanong at makakuha ng malinaw na mga sagot sa IDNStudy.com. Sumali sa aming platform upang makatanggap ng mabilis at eksaktong tugon mula sa mga propesyonal sa iba't ibang larangan.

2.what are the steps that you need to follow in solving for the simple and general annuity​

Sagot :

Answer:

Step 1: Using the formula A = P(1 + i)n, find the value of $1 invested at 6%/a, compounded monthly after 1 year. ... Find the amount of an annuity of $2000 every year for 15 years if interest is 8%/a, compounded quarterly. Solution: Here the payment interval( 1 year ) is different than the interest period ( ¼ year)