A. Use the appropriate formula to find the value of the annuity.
b. Find the interest.
...
Mathematics, 19.10.2021 02:00 breannaasmith1122
A. Use the appropriate formula to find the value of the annuity.
b. Find the interest.
Periodic Deposit
$3000 at the end of each year
Rate 6% compounded annually
Time 35 years
Click the icon to view some finance formulas.
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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