Homework #3A (FV and PV of annuity due annually)

Homework #3A (FV and PV of annuity due annually)

Finance 330

Question 1

What is the accumlated Sum of the following stream of payments? $11,753 every year at the beginning of the year for 13 years, at 5.88 percent, compounded annually. Round the answer to two decimal places. 

Posted in Uncategorized