Find the present and future values of an income stream of $6,000 per year for 17 years, assuming a 2% interest rate compounded continuously.

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How to Find the Value of an Annuity

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Chapter 21 / Lesson 15

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An annuity is a type of savings account that pays back the investor in the future. Learn the formula used to calculate an annuity's value, and understand the importance of labeling specific numbers to calculate an output over time.

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