1. The future value of an ordinary annuity of n > 2 payments of R > 0 with periodic interest rate r >0 is the sum of all payments taken at the end of the term of the annuity.


1. The future value of an ordinary annuity of n > 2 payments of R > 0 with periodic interest<br>rate r >0 is the sum of all payments taken at the end of the term of the annuity.<br>

Extracted text: 1. The future value of an ordinary annuity of n > 2 payments of R > 0 with periodic interest rate r >0 is the sum of all payments taken at the end of the term of the annuity.

Jun 08, 2022
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