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About financial Mathematics Question To accumulate $6000 at the end of 14 years, deposits of 60 are made at the end of each year of

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About financial Mathematics

Question To accumulate $6000 at the end of 14 years, deposits of 60 are made at the end of each year of the first 7 years and 60 + X at the end of each year of the second 7 years. Find X if the annual effective rate of interest is 3.9%. Possible Answers 623.54 B 592.75 438.29 D 634.95 E 599.87

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