What is the future value of the following annuity? # of periods = 10 Interest rate =
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Question:
What is the future value of the following annuity?
# of periods = 10
Interest rate = 5.25%
Compounding times per period = 12
Cash flow (PMT) = 1000
Growth Rate = 3%
# of payments per period = 12
This is an ordinary annuity
A: 1288681
B: 1176802
C: 1236469
D: 1326114
Posted Date: