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Find the Future Value of the Ordinary Annuity PMT=$7500,7%\mathrm{PMT}=\$ 7500,7 \%

Question 65

Multiple Choice

Find the future value of the ordinary annuity. Interest is compounded annually, unless otherwise indicated.
- PMT=$7500,7%\mathrm{PMT}=\$ 7500,7 \% interest compounded semiannually for 4 years


A) $67,887.65\$ 67,887.65
B) $282,173.37\$ 282,173.37
C) $58,345.56\$ 58,345.56
D) $131,254.61\$ 131,254.61

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