Lin Goodwin has decided to invest $310 quarterly for 5 years in an ordinary annuity at...
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Lin Goodwin has decided to invest $310 quarterly for 5 years in an ordinary annuity at 8%. As her financial adviser, calculate for Lin the total cash value of the annuity at the end of Year 5. Note: Do not round intermediate calculations. Round your answer to the nearest cent. > Answer is complete but not entirely correct. Future value $ 1,000.00 X Lin Goodwin has decided to invest $310 quarterly for 5 years in an ordinary annuity at 8%. As her financial adviser, calculate for Lin the total cash value of the annuity at the end of Year 5. Note: Do not round intermediate calculations. Round your answer to the nearest cent. > Answer is complete but not entirely correct. Future value $ 1,000.00 X
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