Find the future value of an ordinary annuity of $66 paid quarterly for 6 years, if the interest rate is 8%, compounded quarterly. Round your answer to the nearest cent.
A)$2,579.45
B)$2,007.84
C)$2,179.60
D)$5,307.84
E)$501.96

Question

Find the future value of an ordinary annuity of $66 paid quarterly for 6 years, if the interest rate is 8%, compounded quarterly. Round your answer to the nearest cent. ​
A)$2,579.45
B)$2,007.84
C)$2,179.60
D)$5,307.84
E)$501.96

Quizplus · Accepted Answer

The Answer of Find the future value of an ordinary annuity of $66 paid quarterly for 6 years, if the interest rate is 8%, compounded quarterly. Round your answer to the nearest cent. ​
A)$2,579.45
B)$2,007.84
C)$2,179.60
D)$5,307.84
E)$501.96

Find the Future Value of an Ordinary Annuity of $66