Future Worth of an Ordinary Annuity | Engineering Economy Review #shorts
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YouTubeTutor Jack Ph
Future Worth of an Ordinary Annuity | Engineering Economy Review #shorts
Learn how to calculate the future worth of an ordinary annuity in engineering economy. In this problem, an engineer deposits ₱20,000 at the end of each year for 6 years in a fund earning 8% interest per year. Since the deposits are made at the end of each year, this is an ordinary annuity. Given: Annual deposit, A = ₱20,000 Interest rate, i ...
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