Find the future value of the ordinary annuity. (Round your answer to the nearest cent.) $110 monthly payment, 6% interest, 2 years X $

College Algebra
7th Edition
ISBN:9781305115545
Author:James Stewart, Lothar Redlin, Saleem Watson
Publisher:James Stewart, Lothar Redlin, Saleem Watson
Chapter8: Sequences And Series
Section8.4: Mathematics Of Finance
Problem 5E
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Find the future value of the ordinary annuity. (Round your answer to the nearest cent.)
$110 monthly payment, 6% interest, 2 years
X
$
Transcribed Image Text:Find the future value of the ordinary annuity. (Round your answer to the nearest cent.) $110 monthly payment, 6% interest, 2 years X $
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