subject
Mathematics, 07.10.2019 13:30 RandomLollipop

Jessica deposits $5,000 at the end of each year in an account earning 2.45% interest, compounded annually. what is the future value of this annuity after 5 years of investing?

do i need to use the ordinary annuity formula or the annuity due formula to solve this?

ansver
Answers: 2

Another question on Mathematics

question
Mathematics, 21.06.2019 14:30
What is the prime factorization of 195
Answers: 2
question
Mathematics, 21.06.2019 14:40
What is the solution to the equation 9^(x+1) =27
Answers: 2
question
Mathematics, 21.06.2019 17:30
Find the pattern and use it to list the nth term in the sequence. 6, 12, 20, 30, 42, 56, the nth term of the sequence is
Answers: 3
question
Mathematics, 21.06.2019 22:50
Which best explains why this triangle is or is not a right triangle ?
Answers: 2
You know the right answer?
Jessica deposits $5,000 at the end of each year in an account earning 2.45% interest, compounded ann...
Questions
question
History, 30.08.2019 03:30
question
Mathematics, 30.08.2019 03:30
question
Mathematics, 30.08.2019 03:30