Mathematics, 12.11.2020 19:30 isarahweller103
If $6000 is deposited at the end of each year into an annuity paying 6.5% compounded annually, how much will be in the account after 25 years? What is the total
interest earned?
a. The value of the annuity is $
(Do not round until the final answer. Then round to the nearest dollar as needed.)
b. The interest is $
(Use the answer from part (a) to find this answer. Round to the nearest dollar as needed.)
Answers: 1
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If $6000 is deposited at the end of each year into an annuity paying 6.5% compounded annually, how m...
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