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Sienna Health fitness LLC has been depositing $5,000 into an emergency fund at the beginning of each 3 month period for the last 6 years
Sienna Health fitness LLC has been depositing $5,000 into an emergency fund at the beginning of each 3 month period for the last 6 years and have been recieving 8% interest compounded quarterly. Using the annuity due tables:
A. How much will be in the account at the end of the 6 year period?
B. What is the total amount of interest earned in this account?
C. What would be the difference if they had been depositing at the end of the month into an ordinary annuity?
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