Question: Attempts Keep the Highest / 3 3 . Futurevalue of annuities I When equal payments are made at fixed intervals for a specified number of
Attempts Keep the Highest Futurevalue of annuities I When equal payments are made at fixed intervals for a specified number of periods, you can treat them as an annuity You are planning to put $ in the bank at the end of each year for the next eight years in hopes that you will have enough money for a down payment on a house. If you are investing at an annual interest rate of how much money will you have at the end of eight yearsrounded to the nearest whole dollar? $ $ $ $ You've decided to deposit your money in the bank at the beginning of the year instead of the end of the year, but now you are making payments of $ at an annual interest rate of How much money will you have available at the end of eight yearsrounded to the nearest whole dollar? $ $ $ $
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