will rate

Let us assume that Batts will invest $27,200 each year for next 30 years. Assuming the interest rate will be 9.8% and that it will compound annually, what will be the investment's future value 30 years from now? Assume that Batts will make the first investment next year, or one year from now. $4,208,843,24 $4,308,227,04 $5,235,236,35 $7,256,925,32