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What is the future value of the following ordinary annuity: $ 7 5 0 per year for 1 2 years at 1 2 % annually

What is the future value of the following ordinary annuity: $750 per year for 12 years at 12% annually compounding interest?
A. $4,237.67
B. $8,400.00
C. $13,161.55
D. $18,099.85
E. None of the above
You just received a cash advance offer in an email. The company is offering you $15,000 at 17.9 percent interest compounded monthly. The monthly payment is only $325. If you accept this offer how long will it take you to pay off the loan if you continue to pay the minimum inonthly payment?
A.5.32 years
B.6.56 years
C.12.65 years
D.17.11 years
E. None of the above
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