Multiple Choice
Solve the problem.
-Find the future value accumulated in an annuity after investing periodic payments of $1500 for 13 years at an annual interest rate of 5.5%, with payments made and credited 2 times per year.
A) $67,061.18
B) $55,884.31
C) $100,591.76
D) $33,530.59
Correct Answer:
Verified
Correct Answer:
Verified
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