Question: do question 4 4. (3 pts) You want a future value of $200,000 in your annuity account for buying a house in Vermont when you

do question 4

4. (3 pts) You want a future value of $200,000 in your annuity account for buying a house in Vermont when you retire in 25 years. You found a monthly annuity at 6% annual interest. A = R = r = n = t = (a) Determine: the monthly recurring payment (A) () R = ( ( 14 - ) 125 - 1 ) (b) Determine: total amount paid into the annuity (c) Determine: the total interest earned

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