Assignment: Chapter 04 Time Value of Money Back to Assignment Attempts Average/31 3. Futurevalue of annuities I When equal payments are made at fixed intervals for a specified number of periods, you can treat them as You are planning to put $2,000 in the bank at the end of each year for the next eight years in hopes that you will have enough money for a trip around the world. If you are investing at an annual interest rate of 9%, how much money will you have at the end of eight years-rounded to the nearest whole dollar? $26,468 $17,646 $22,057 $24,042 You've decided to deposit your money in the bank at the beginning of the year instead of the end of the year, but now you are making payments of $2,000 at an annual interest rate of 9%. How much money will you have available at the end of eight years-rounded to the nearest whole dollar? $22,057 $16,829 $24,042 $33,659 Grade It Now Save & Continue Assignment: Chapter 04 Time Value of Money Back to Assignment Attempts Average/3 3. Futurevalue of annuities I When equal payments are made at fixed intervals for a specified number of periods, you can treat them as a perpetuity oney for a trip You are planning to put $2,000 in the bank at the end of each year for the next eight years in hopes that you around the world. If you are investing at an annual interest rate of 9%, how much money will you have at complex cash flows rounded to the nearest whole dollar? an annuity $26,468 $17,646 $22,057 $24,042 You've decided to deposit your money in the bank at the beginning of the year instead of the end of the year, but now you are making payments of $2,000 at an annual interest rate of 9%. How much money will you have available at the end of eight years-rounded to the nearest whole dollar? $22,057 $16,829 $24,042 $33,659 Grade It Now Save & Continue Cantian