Multiple Choice
Find the value of the annuity with the following characteristics.
-Payments of $1000 are made at the end of each year for 15 years at 9% interest compounded annually
A) $40,472.03
B) $3,713.03
C) $29,360.92
D) $26,019.19
Correct Answer:
Verified
Correct Answer:
Verified
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