Mathematics, 09.03.2021 05:10 sepdentalcare8131

ACTIVITY 1. Calculate the future value of simple ordinary annuity. they plan for retirement as follows.
. Starting at the age of 20, Reden deposits P15,000.00 at the end of each year for 30
years.
. Starting at age 35, Redenton deposits P20,000 at the end of each year for 18 years.
Who will have the greater amount at retirement if both annuities earn 12% per year
compounded annually?

Answers: 1

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ACTIVITY 1. Calculate the future value of simple ordinary annuity. they plan for retirement as foll...