Find the Future Value of the Ordinary Annuity $\mathrm{PMT}=\$ 1000,7.9 \%$

Multiple Choice

Find the future value of the ordinary annuity. Interest is compounded annually, unless otherwise indicated.
- $\mathrm{PMT}=\$ 1000,7.9 \%$ interest compounded annually for 6 years

A) $\$ 5854.91$
B) $\$ 7317.45$
C) $\$ 19,975.68$
D) $\$ 1851.31$