Question: Annuities 19 (answer=three decimal) (1 pt) An annuity makes a sequence of annual payments (starting a year from now) of 2200 dollars. If the payments

Annuities 19 (answer=three decimal)

(1 pt) An annuity makes a sequence of annual payments (starting a year from now) of 2200 dollars. If the payments were to last twice as long, the present value of the annuity would increase by 45 percent. If the payments were to last 3 times as long, what would be the present value now of the final payment? Answer = dollars

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