Use the ordinary annuity formula to determine the accumulated amount in the annuity. Round the answer to the nearest cent.
-$150 is invested quarterly for 8 years at 8% compounded quarterly
A) $7034.07
B) $7334.17
C) $6634.05
D) $12,634.18

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The Answer of Use the ordinary annuity formula to determine the accumulated amount in the annuity. Round the answer to the nearest cent.
-$150 is invested quarterly for 8 years at 8% compounded quarterly
A) $7034.07
B) $7334.17
C) $6634.05
D) $12,634.18

Use the Ordinary Annuity Formula to Determine the Accumulated Amount