Answer Happy

1. Find the amount accumulated FV in the given annuity account.
(Assume end-of-period deposits and compounding at the same
intervals as deposits. Round your answer to the nearest cent.)
$2,100 is deposited quarterly for 20 years at 7% per year FV = $
...........
2. Find the amount accumulated FV in the given annuity account.
HINT [See Quick Example 1 and Example 1.] (Assume end-of-period
deposits and compounding at the same intervals as deposits. Round
your answer to the nearest cent.) $170 deposited monthly for 20
years at 3% per year in an account containing $11,000 at the start
$ .................. thank you so much for helping!!
3. Find the periodic payments PMT necessary to accumulate the
given amount in an annuity account. HINT [See Quick Example 2.]
(Assume end-of-period deposits and compounding at the same
intervals as deposits. Round your answer to the nearest cent.)
$50,000 in a fund paying 3% per year, with monthly payments for 10
years, if the fund contains $30,000 at the start $ ............