Videos: Annuities Due

Annuities Due (start at the BEGINNING, BGN on)

5. You deposit $1000 at the end of each quarter into an account that pays j₄ =10%.

1. Find the future value in one year.
2. You make the deposits at the beginning of the quarter.  How much money will you have at the end of the year?

6. You begin a savings plan.  At the beginning of each month you deposit $250 into an account that pays j1₂= 9%.  How much money will you have after 5 years?

Summary of Types of Annuities