Find the Amount of an Annuity That Consists Of $30$ Annual Payments Of

question 42

Multiple Choice

Find the amount of an annuity that consists of $30$ annual payments of $\$ 500$
Each into an account that pays $7 \%$
Interest per year

• A) \(\$ 7,230.09\)
• B) \(\$ 17,230.49\)
• C) \(\$ 47,230.39\)
• D) \(\$ 15,000\)
• E) \(\$ 37,430.59\)

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