Solved

Find the Future Value of the Annuity Due $2500\$ 2500 Made at the Beginning of Each Semiannual Period for 8

Question 60

Multiple Choice

Find the future value of the annuity due.
-Payments of $2500\$ 2500 made at the beginning of each semiannual period for 8 years at 4%4 \% compounded semiannually


A) $44,098.21\$ 44,098.21
B) $47,530.18\$ 47,530.18
C) $23,956.99\$ 23,956.99
D) $40,733.54\$ 40,733.54

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions