Question: What amount comes closest to the future value, at the end of year 20, of a 15 year annuity of $550 that makes its first

What amount comes closest to the future value, at the end of year 20, of a 15 year annuity of $550 that makes its first payment at the end of year 6? Use an interest rate of 5%. a. $ 12,802 b. $ 11,031 c. $ 13,821 d. $ 10,229 e. $ 11,868

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