Question: Question 8 (1 point) You expect to make equal payments of $ 2090.00 at the end of each month over the next 7 years (ordinary
Question 8 (1 point) You expect to make equal payments of $ 2090.00 at the end of each month over the next 7 years (ordinary annuity) into a new bank account earning interest at 6 %. What is the future value of the annuity stream, if the frequency of compounding is 12 times per year. (Answer to the nearest cent. i.e. one thousand dollars would be entered 1000.00) Your
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