Find the Future Value of an Annuity Due of $1,700

question 115

Multiple Choice

Find the future value of an annuity due of $1,700 each month for 4 years if the annual interest rate is 11%, compounded monthly. Round your answer to the nearest cent. ​

• A)$21,657.31
• B)$63,463.93
• C)$136,419.89
• D)$82,443.20
• E)$102,859.77

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