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You rxpect to make equal paymebtd of $232.00 at the end of each of the next 3 years (ordinary annuity) into a new bank account
You rxpect to make equal paymebtd of $232.00 at the end of each of the next 3 years (ordinary annuity) into a new bank account earning intrest ar 6%.
Question 7 (1 point) You expect to make equal payments of $ 2320.00 at the end of each of the next 3 years (ordinary annuity) into a new bank account earning interest at 6 %. What is the future value of the annuity stream? (use annual compounding) (Answer to the nearest cent. i.e. one thousand dollars would be entered 1000.00) B Your what is yhe future value of the annuity stream? (use annual compounding)
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