This problem demonstrates the dependence of an annuity's future value on the size of the periodic...

 

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This problem demonstrates the dependence of an annuity's future value on the size of the periodic payment. Suppose a fixed amount vill be invested at the end of each year and that the invested funds will earn 4.8% compounded annually. What will be the future value of the investments after 20 years if the periodic investment is: (Do not round intermediate calculations and round your final answers co 2 decimal places.) a. Inve $1,800 per year b. $2,800 per year C. $3,800 per year Future Value $ $ This problem demonstrates the dependence of an annuity's future value on the size of the periodic payment. Suppose a fixed amount vill be invested at the end of each year and that the invested funds will earn 4.8% compounded annually. What will be the future value of the investments after 20 years if the periodic investment is: (Do not round intermediate calculations and round your final answers co 2 decimal places.) a. Inve $1,800 per year b. $2,800 per year C. $3,800 per year Future Value $ $

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To calculate the future value of the investments after 20 years we can use th... View the full answer