Mathematics, 12.11.2020 06:40 beccadoyle0809

Sammy has an annuity that pays him $9600 at the beginning of each year. Assume the economy will grow at a rate of 3.1% annually. What is the value of the annuity if he received it now instead of over a period of 10 years? (2 points)
a $78,044.65
ь $80,651.16
c $81,075.98
d $83,999.29

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Sammy has an annuity that pays him $9600 at the beginning of each year. Assume the economy will grow at a rate of 3.1% annually. What is the value of the annuity if he received it now instead of over a period of 10 years? (2 points) a $78,044.65 ь $80,651.16 c $81,075.98 d $83,999.29

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Another question on Mathematics

Sammy has an annuity that pays him $9600 at the beginning of each year. Assume the economy will grow at a rate of 3.1% annually. What is the value of the annuity if he received it now instead of over a period of 10 years? (2 points)
a $78,044.65
ь $80,651.16
c $81,075.98
d $83,999.29