Mathematics, 21.02.2021 21:20 cheath104
Petey set up an investment program using an annuity due with payments of $3,000 at the beginning of each quarter. Find the interest earned on the investment if he makes payments for 5 years into an account expected to pay 8% compounded quarterly.
A. $74,349.96
B. $14,349.96
C. $77,349.96
D. $17,349.96
Answers: 1
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Petey set up an investment program using an annuity due with payments of $3,000 at the beginning of...
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