Multiple Choice
An annuity will pay you $5,000 per year for 25 years.What is the FV of this annuity at the end of 25 years,if your interest rate is 8%?
A) $126,207
B) $365,530
C) $125,000
D) $135,000
E) $53,374
Correct Answer:
Verified
Correct Answer:
Verified
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