Kim wants to have an annuity payment of $1,000 at the end of every three months. How much should she deposit now at 8% interest, compounded quarterly, to yeild this payment for 3 years? (Use Table 12-2 in your text).

Previous Page Next Page Page 8 Subsection Question 8 (6.5 points) Kim wants to have an annuity payment of $1,000 at the end of every three months. How much should she deposit now at 8% interest, compounded quarterly, to yield this payment for 3 years? (Use Table 12-2 in your text). $10,575.34 $10,786.85 $2,577.10 $2.783.26 Previous Page Next Page Page 8 0 Submit Ouiz of ameshiens saved