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    Exam 5: Time Value of Money 2: Analyzing Annuity Cash Flows
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    What Is the Future Value of an $800 Annuity Payment
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What Is the Future Value of an $800 Annuity Payment

Question 72

Question 72

Multiple Choice

What is the future value of an $800 annuity payment over 15 years if the interest rates are 6 percent?


A) $1,917.25
B) $7,002.99
C) $12,720.00
D) $18,620.78

Correct Answer:

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