What is the values of the following annuities if interest is compounded annually?

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cnhy_tnzol

Business Finance

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What is the value of the following annuities if interest is compounded annually, and what is the total amount of interest earned. R=2000  i=0.065  n=50

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Explanation & Answer

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substituting the values where n=1(computed annually) and r=I, the answer is 686359.344

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