Comments on: future value of an ordinary annuity that has $270 monthly payments for 12 years at 3.75 % interest? http://valueoffuturepayments.com/future-value-of-an-ordinary-annuity-that-has-270-monthly-payments-for-12-years-at-3-75-interest Future Payments Value Advice Mon, 06 Sep 2010 05:10:18 +0000 http://wordpress.org/?v=2.9.2 hourly 1 By: Clueless websurfer http://valueoffuturepayments.com/future-value-of-an-ordinary-annuity-that-has-270-monthly-payments-for-12-years-at-3-75-interest/comment-page-1#comment-164 Clueless websurfer Wed, 17 Mar 2010 21:22:51 +0000 http://valueoffuturepayments.com/future-value-of-an-ordinary-annuity-that-has-270-monthly-payments-for-12-years-at-3-75-interest#comment-164 You need to use the formula FV = payment * "s angle n at i". "s angle n at i" means [(1+i)^n - 1]/i. You need to use the formula FV = payment * “s angle n at i”. “s angle n at i” means [(1+i)^n - 1]/i.

]]> By: charlielovesnyc http://valueoffuturepayments.com/future-value-of-an-ordinary-annuity-that-has-270-monthly-payments-for-12-years-at-3-75-interest/comment-page-1#comment-163 charlielovesnyc Wed, 17 Mar 2010 20:33:15 +0000 http://valueoffuturepayments.com/future-value-of-an-ordinary-annuity-that-has-270-monthly-payments-for-12-years-at-3-75-interest#comment-163 PV = 31,270.26 FV = PV * (1+0.375/12)^144 = $49,007.13 PV = 31,270.26

FV = PV * (1+0.375/12)^144 = $49,007.13

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