A business deposits $4,500 at the end of each quarter in an account that earns 8% annual

Question:

A business deposits $4,500 at the end of each quarter in an account that earns 8% annual interest compounded quarterly. What is the value of the in five years? Annuity
An annuity is a series of equal payment made at equal intervals during a period of time. In other words annuity is a contract between insurer and insurance company in which insurer make a lump-sum payment or a series of payment and, in return,...