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24) The IF for the future value of an annuity is 9.200 at 9% for 7 years. If we wish to accumulate $32,000 by the

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24) The IF for the future value of an annuity is 9.200 at 9% for 7 years. If we wish to accumulate $32,000 by the end of 7 years, how much should the annual payments be? Use Appendix C to calculate the answer. A) $4,254 B) $3,754 C) $3,478 D) none of these

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