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Ann Chang is investing $2,500 TODAY and will do so at the BEGINNING of each year for the next six years (e.g., $2,500 at year
Ann Chang is investing $2,500 TODAY and will do so at the BEGINNING of each year for the next six years (e.g., $2,500 at year =0,$2,500 at year =1, etc. $2,500 at year =6 ). She will be investing seven payments in all. How much will she have at the BEGINNING of year 7 if her investments earn 8% interest? (Round your answer to the nearest dollar.) $18,900 $24.092 $28,249 $22,307
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