Solve the problem.
-Find the future value accumulated in an annuity after investing periodic payments of $1500 for 13 years at an annual interest rate of 5.5%, with payments made and credited 2 times per year.
A) $67,061.18
B) $55,884.31
C) $100,591.76
D) $33,530.59

Question

Quizplus · Accepted Answer

The Answer of Solve the problem.
-Find the future value accumulated in an annuity after investing periodic payments of $1500 for 13 years at an annual interest rate of 5.5%, with payments made and credited 2 times per year.
A) $67,061.18
B) $55,884.31
C) $100,591.76
D) $33,530.59

Solve the Problem. -Find the Future Value Accumulated in an Annuity After Investing