Essay
Sarah is the recipient of a trust fund that she will receive over a period of 6 yr. Under the terms of the trust, she is to receive $9,000 the first year and each succeeding annual payment is to be increased by 13%.
How much will she receive during the sixth year? Please round the answer to the nearest cent.
$ __________
What is the total amount of the six payments she will receive? Please round the answer to the nearest cent.
$ __________
Correct Answer:
Verified
Correct Answer:
Verified
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