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Assume that you just received an ordinary annuity with 8 annual payments of $1,000 each. You plan to invest the payments at a 6% annual

Assume that you just received an ordinary annuity with 8 annual payments of $1,000 each. You plan to invest the payments at a 6% annual interest rate. How much would you have, in total, at the end of the 8th year? a. $10,713.34 b. $10,095.42 c. $10,297.33 d. $10,503.27 e. $ 9,897.47

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