What is the future value of a 3 year ordinary annuity of $100 if the appropriate interest rate is 10 percent?

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What is the future value of a 3 year ordinary annuity of $100 if the appropriate interest rate is 10 percent?

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For example, this formula may be used to calculate how much money will be in a savings account at a given point in time given a specified interest rate. The effects of compound interest—with compounding periods ranging from daily to annually—may also be included in the formula. Plots are automatically generated to show at a glance how the future value of money could be affected by changes in interest rate, interest period or desired future value.

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