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YEAR 2013 2014 2015 2016 2017 AMOUNT ONED AT END OF YEAR $12,347.85 $9,532.13 $6,542.74 $3,368.97 $0.00 YEAR 2014 2015 2016 2017 2018 BALANCE AT
YEAR 2013 2014 2015 2016 2017 AMOUNT ONED AT END OF YEAR $12,347.85 $9,532.13 $6,542.74 $3,368.97 $0.00 YEAR 2014 2015 2016 2017 2018 BALANCE AT END OF YEAR $1,216.64 $2,470.28 $3,762.06 $5,093.12 $6,464.67 FIGURE 3.56 Outcome of Exercise 61. FIGURE 3.57 Outcome of Exercise 62. 62. Annuity Refer to the annuity discussed in Exercise 24 of Section 3.3. Assume that the first deposit is made at the end of January 2014, and display the balance in the ac- count at the end of each year from 2014 to 2018. See Fig. 3.57. YEAR 2013 2014 2015 2016 2017 AMOUNT ONED AT END OF YEAR $12,347.85 $9,532.13 $6,542.74 $3,368.97 $0.00 YEAR 2014 2015 2016 2017 2018 BALANCE AT END OF YEAR $1,216.64 $2,470.28 $3,762.06 $5,093.12 $6,464.67 FIGURE 3.56 Outcome of Exercise 61. FIGURE 3.57 Outcome of Exercise 62. 62. Annuity Refer to the annuity discussed in Exercise 24 of Section 3.3. Assume that the first deposit is made at the end of January 2014, and display the balance in the ac- count at the end of each year from 2014 to 2018. See Fig. 3.57
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