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Find the Future Value of an Annuity with Monthly Deposits

Question 97

Multiple Choice

Find the future value of an annuity with monthly deposits of $60, made over a period of 10 years, with 8.1% interest compounded monthly.


A) $11,038.21
B) $17,234.56
C) $29,668.96
D) $58,843.96

Correct Answer:

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