Need finance homework assistance asap

enqp92
timer Asked: Oct 19th, 2015

Question Description

If you start making $110 monthly contributions today and continue them for five years, what’s their future value if the compounding rate is 9.75 percent APR? (Do not round intermediate calculations. Round your final answer to 2 decimal places.)

Future value annuity:

What is the present value of this annuity? (Do not round intermediate calculations. Round your final answer to 2 decimal places.)

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