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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

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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.)

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Answers: 1

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A. Use the appropriate formula to find the value of the annuity. b. Find the interest.

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