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5. -1points RolfFM8 5.3.022. My Notes Ask Your Teacher An executive prepares for retirement by depositing $9000 into an annuity each year for 20 years.
5. -1points RolfFM8 5.3.022. My Notes Ask Your Teacher An executive prepares for retirement by depositing $9000 into an annuity each year for 20 years. The annuity earns 5.1% per year. Find the future value of the annuity at the end of 20 years. (Round your final answer to two decimal places.) Need Help?Read It Talk to a Tutor 6. 11 polnts RoltFM8 5.3.024 My Notes Ask Your Teacher The Cooper Foundation contributes $20,000 per year into an annuity fund for building a new zoo. The fund earns 7.5% interest. Find the amount in the fund at the end of 20 years. (Round your final answer to two decimal places.) Need Help? Read It Talk to a Tutor 7. 1 points RoltFM8 5.3.025. My Notes Ask Your Teacher A couple pays $600 at the end of each 6 months for 3 years into an ordinary annuity paying 6% compounded semiannually. What is the future value at the end of 3 years? (Round your final answer to two decimal places.) Need Help? Read It Talk to a Tutor
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