Homework: Chapter 5 Homework Score: 0 of 4 pts Problem 5-20 (similar to) 44 of 16 (3 comp (Compound annuity) What is the accumulated sum of each of the following streams of payments? a. $490 a year for 9 years compounded annually at 11 percent b. $100 a year for 7 years compounded annually at 9 percent c. $31 a year for 13 years compounded annually at 11percent d. $24 a year for 6 years compounded annually at 4 percent a. What is the accumulated sum of $490 a year for 9 years compounded annually at 11 percent? $6,940.35 (Round to the nearest cent.) b. What is the accumulated sum of $100 a year for 7 years compounded annually at 9 percent? s 102.00 (Round to the nearest cent) Enter your answer in the answer box and then click Check Answer Clear All esc ES