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Anita will invest $ 5 0 each month in an annuity that pays 5 . 3 % interest compounded monthly. Louise will invest $ 1
Anita will invest $ each month in an annuity that pays interest compounded monthly.
Louise will invest $ each quarter in annuity that pays compounded quarterly.
Mary will invest $ each year in an annuity that pays compounded annually.
Thus, all three invest the same amount each year. Compare the value of the three annuities after years. Round your final answers to two decimal places.
Anita
Louise $
Mary $
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