menu-iconExamlexExamLexServices

Discover

Ask a Question
  1. All Topics
  2. Topic
    Business
  3. Study Set
    Practical Business Math Procedures Study Set 2
  4. Exam
    Exam 13: Annuities and Sinking Funds
  5. Question
    Find the Value of an Investment After Six Years for a $7,000
Solved

Find the Value of an Investment After Six Years for a $7,000

Question 74

Question 74

Short Answer

Find the value of an investment after six years for a $7,000 annuity due at 8% compounded annually.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Q69: Scott deposits $5,000 at the end of

Q70: An ordinary annuity results in the deposit

Q71: Ordinary annuity payments are made:<br>A)At the end

Q72: The same table can be used to

Q73: Abby's Uncle Howard has promised her a

Q75: Jim Hunter is ready to retire to

Q76: Ted Williams made deposits of $500 at

Q77: Lisa Schermer wants to receive $5,000 a

Q78: What must Bill McGuire invest today to

Q79: Use the tables in the handbook. At

Examlex

ExamLex

About UsContact UsPerks CenterHomeschoolingTest Prep

Work With Us

Campus RepresentativeInfluencers

Links

FaqPricingChrome Extension

Download The App

Get App StoreGet Google Play

Policies

Privacy PolicyTerms of ServiceHonor CodeCommunity Guidelines

Scan To Download

qr-code

Copyright © (2025) ExamLex LLC.

Privacy PolicyTerms Of ServiceHonor CodeCommunity Guidelines