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А B D E 1 2 3 4 We need to calculate Future Annuity Value For that we have following information 5 6 7 8 Particulars Calculation Amount Invested at the end of each quarter No of Quarters (No of Years * No of Quarter in 1 year) = 12 *4 Interest Rate per Quarter (Annual Interest Rate / No of Quarters in 1 year) = 6% / 4 Amount $ 380.00 48 1.50% 9 10 69.5652 Future Annuity Value for 1.50% and for 48 quarters (Please see 1.50% and row of Period 48) 11 12 13 Amount after 12 years (Amount Invested * Future Annuity Value) = $380 * 69.5652 $ 26,434.78 14 15 16 17 18 19 20 21 22 23 24 25 26
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