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Find the Future Value of the Annuity Due $500\$ 500 Made at the Beginning of Each Year for 10 Years

Question 175

Multiple Choice

Find the future value of the annuity due.
-Pa yments of $500\$ 500 made at the beginning of each year for 10 years at 4%4 \% compounded annually


A) $5503.05\$ 5503.05
B) $4791.40\$ 4791.40
C) $6243.18\$ 6243.18
D) $18,003.05\$ 18,003.05

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