Solve. -A Sequence of Yearly Payments of $3000 Is Invested at at the End

question 52

Multiple Choice

Solve.
-A sequence of yearly payments of $3000 is invested at the end of each of 9 years at an interest rate of 4.6%%, compounded annually. What is the total amount of the annuity after 9 years?

• A)$32,539.77
• B)$31,539.77
• C)$33,539.77
• D)$32,039.77

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