stevieiscool21 stevieiscool21
  • 09-10-2021
  • Mathematics
contestada

Find the future value for the ordinary annuity with the given payment and interest rate.
PMT = $2,000; 1.15% compounded monthly for 2 years.

Respuesta :

clotildes
clotildes clotildes
  • 09-10-2021

Answer:

Step-by-step explanation:

M = C( 1+i) ²

M = 2000(1+0,0115)² = $2046,2645

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