Find the Value of an Ordinary Annuity in Which Regular $$P = \$ 250 , n = 4 , r = 4 \% , t = 35 \mathrm { yr }$$

question 132

Multiple Choice

Find the value of an ordinary annuity in which regular payments of P dollars are made at the end of each
compounding period, n times per year, at an interest rate r for t years.
- $$P = \$ 250 , n = 4 , r = 4 \% , t = 35 \mathrm { yr }$$

• A) $756.77
• B) $75,677.48
• C) $100,677.48
• D) $10,415.07

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