Find the value of the annuity with the following characteristics.
-Payments of $100 are made at the end of each year for 7 years at 4% interest compounded annually
A) $3,289.83
B) $789.83
C) $663.30
D) $316.33

Question

Quizplus · Accepted Answer

The Answer of Find the value of the annuity with the following characteristics.
-Payments of $100 are made at the end of each year for 7 years at 4% interest compounded annually
A) $3,289.83
B) $789.83
C) $663.30
D) $316.33

Find the Value of the Annuity with the Following Characteristics