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Future Value of Annuity - SB program RRS feed

  • General discussion

  • You deposit $1000 per year for 10 years at 1% interest rate per year, how much your savings will be worth at the end of the term?

    Program no: CGJ019

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    Future Value of Annuity

    the formula is:

    In Small Basic  :

    Fv=P*(Math.Power ((1+r),n)-1)/r

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    • Edited by YLedEditor Wednesday, February 22, 2017 10:22 PM
    Saturday, February 18, 2017 7:59 PM
    Answerer

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