Mathematics, 01.05.2021 05:50 hannahbear16841
Suppose you invest in an annuity that pays 5% annual interest, compounded quarterly. If you contribute $400 every
quarter for 20 years, how much interest would you earn during the 20 years?
Round your answer to the nearest cent.
Do NOT round until you have calculated the final answer.
Answers: 3
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