Question
Monthly payments of ?$75 are paid into an annuity beginning on January? 31, with a yearly interest rate of 12?%, compounded monthly. Add the future
Monthly payments of ?$75 are paid into an annuity beginning on January? 31, with a yearly interest rate of 12?%, compounded monthly. Add the future values of each payment to calculate the total value of the annuity on September 1. On September? 1, the value of the annuity will be:
?(Round to the nearest? cent.)
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Authors: Mark Graham
1st Edition
0648678830, 978-0648678830
