Question
Crystal Nelson is 30 years old and she invests $3,300 in an annuity, earning a 8% compound annual return at the beginning of each period,
Crystal Nelson is 30 years old and she invests $3,300 in an annuity, earning a 8% compound annual return at the beginning of each period, for 21 years. What is the cash value of this annuity due at the end of 21 years?
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Principles of Accounting
Authors: Belverd E. Needles, Marian Powers and Susan V. Crosson
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