The Future Value of a $10,000 Annuity Due Deposited at 12

question 36

Multiple Choice

The future value of a $10,000 annuity due deposited at 12 percent compounded annually for each of the next 5 years is

• A) $36,050.
• B) $63,530.
• C) $40,376.
• D) $71,154.

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