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  • Investment Annuity

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    Chocoano
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    This document outlines the terms of a loan with an annual interest rate of 8% over 10 years, with yearly payments of $100. The future value after 10 years is calculated to be $1,448.66. A second loan is shown with an annual interest rate of 6% over 20 years, with monthly payments of $600 resulting in a future value of $83,748.46.

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    investment-annuity.xls

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    This document outlines the terms of a loan with an annual interest rate of 8% over 10 years, with yearly payments of $100. The future value after 10 years is calculated to be $1,448.66. A second loan is shown with an annual interest rate of 6% over 20 years, with monthly payments of $600 resulting in a future value of $83,748.46.

    Copyright:

    © All Rights Reserved
    Download as XLS, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    Download as xls, pdf, or txt
    16 views2 pages

    Investment Annuity

    Uploaded by

    Chocoano
    This document outlines the terms of a loan with an annual interest rate of 8% over 10 years, with yearly payments of $100. The future value after 10 years is calculated to be $1,448.66. A second loan is shown with an annual interest rate of 6% over 20 years, with monthly payments of $600 resulting in a future value of $83,748.46.

    Copyright:

    © All Rights Reserved
    Download as XLS, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    Download as xls, pdf, or txt
    of 2

    Annual Interest Rate 8% Present Value

    Years 10
    Yearly Payment ($100.00) Annual Interest Rate
    Years
    Future Value $1,448.66 Monthly Payment
    ($83,748.46)
    6.00%
    20
    $600.00

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