Multiple Choice
If you start making $25 monthly contributions today and continue them for four years, what is their future value if the compounding rate is 6 percent APR? What is the present value of this annuity?
A) $101.26, $99.26
B) $1,352.45, $1,064.51
C) $1,359.21, $1,069.83
D) $2,171.02, $1,516.03
Correct Answer:
Verified
Correct Answer:
Verified
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