Solve the Problem. -Find the Future Value Accumulated in an Annuity After Investing

question 237

Multiple Choice

Solve the problem.
-Find the future value accumulated in an annuity after investing periodic payments of $20 for 19 years at an annual interest rate of 7%, with payments made and credited 12 times per year.

• A) $11,382.01
• B) $5691.01
• C) $17,073.02
• D) $9485.01

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