Question: If you start making $90 monthly contributions today and continue them for ten years, what is their future value if the compounding rate is 6

If you start making $90 monthly contributions today and continue them for ten years, what is their future value if the compounding rate is 6 percent APR? What is the present value of this annuity?

  • $14,794.14; $8,106.61

  • $14,794.14; $8,147.14

  • $14,822.89; $8,106.61

  • $14,822.89; $8,147.14

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