Question
20. In the following ordinary annuity, the interest is compounded with each payment, and the payment is made at the end of the compounding period.
20. In the following ordinary annuity, the interest is compounded with each payment, and the payment is made at the end of the compounding period. Find the accumulated amount of the annuity. (Round your answer to the nearest cent.) $2000 monthly at 4.5% for 20 years.
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Guidelines For Auditing Process Safety Management Systems
Authors: CCPS (Center For Chemical Process Safety)
2nd Edition
0470282355, 978-0470282359
