Find the Future Value of the Ordinary Annuity $\mathrm{PMT}=\$ 2500,5.1 \%$

Multiple Choice

Find the future value of the ordinary annuity. Interest is compounded annually, unless otherwise indicated.
- $\mathrm{PMT}=\$ 2500,5.1 \%$ interest compounded quarterly for 16 years

A) $\$ 245,059.03$
B) $\$ 441,137.46$
C) $\$ 239,505.34$
D) $\$ 103,373.82$