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Find the Future Value of the Ordinary Annuity PMT=$10,000,4.5%\mathrm{PMT}=\$ 10,000,4.5 \%

Question 163

Multiple Choice

Find the future value of the ordinary annuity. Interest is compounded annually, unless otherwise indicated.
- PMT=$10,000,4.5%\mathrm{PMT}=\$ 10,000,4.5 \% interest compounded quarterly for 7 years


A) $1,215,868.05\$ 1,215,868.05
B) $326,979.16\$ 326,979.16
C) $313,452.82\$ 313,452.82
D) $80,191.52\$ 80,191.52

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