Multiple Choice
Solve the problem.
-Find the future value accumulated in an annuity after investing periodic payments of $20 for 19 years at an annual interest rate of 7%, with payments made and credited 12 times per year.
A) $11,382.01
B) $5691.01
C) $17,073.02
D) $9485.01
Correct Answer:
Verified
Correct Answer:
Verified
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