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Pat receives a check for $3000 at the end of every year as part of an inheritance. She deposits it into an annuity at
Pat receives a check for $3000 at the end of every year as part of an inheritance. She deposits it into an annuity at an annual rate of 3.4% compounded continuously. How much will her annuity be worth at the end of 9 years? Round your answer to the nearest dollar and do not use commas in the answer blank. $
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Personal Finance Turning Money into Wealth
Authors: Arthur J. Keown
8th edition
134730364, 978-0134730363
