upon receiving your first salary, you deposited 3000 taka monthly in a fund for your future for 18 years. the fund earns 6% interest rate compounded monthly. after 18 years, you want it to make payments at the end of every quarter for five year 4.5% compounded quarterly, what is the amount of each annuity payment to you?

The Annuity payment will be "65,209.35 Taka". A further solution is provided below.

Given:

Monthly payment,

= 3000 Taka

Interest rate,

= 6% (compounded monthly)

Time,

= 18 years

The Future value will be:

→

By putting the values, we get

hence,

The Annuity payment will be:

→

By substituting all the values, we get

Thus the correct answer is "65,209.35 Taka".

Learn more the Annuity payment here:

b. ol

step-by-step explanation:

i got the answer right on edg.

congruent: (geometry) (of figures) identical in form; coinciding exactly when superimposed.