Use the Tables in the Handbook

question 60

Short Answer

Use the tables in the handbook. Jackie Bell invests $5,000 at the end of each year for 15 years. The rate of interest Jackie gets is 8% annually. What is the final value of Jackie's investment in this ordinary annuity?

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Definitions:

Posterior Sacral Foramina

Openings in the sacrum bone that allow nerves and blood vessels to pass through.

Coccyx

A small, triangular bone at the base of the spinal column in humans, composed of fused vestigial vertebrae.

Radius

One of the two large bones in the forearm, located on the side of the thumb.

Carpals

Bones forming the wrist that connect the hand to the forearm.