Find the Future Value of an Ordinary Annuity of $66

question 120

Multiple Choice

Find the future value of an ordinary annuity of $66 paid quarterly for 6 years, if the interest rate is 8%, compounded quarterly. Round your answer to the nearest cent. ​

• A)$2,579.45
• B)$2,007.84
• C)$2,179.60
• D)$5,307.84
• E)$501.96

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Definitions:

McGurk Effect

A phenomenon that illustrates the interaction between hearing and vision in speech perception, where visual cues can alter what we believe we hear.

Phantom Limb Sensations

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Rubber-Hand Illusion

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