Question

Find the future value of the following ordinary annuity. Periodic Payment Payment Interval Term Interest Rate...

Find the future value of the following ordinary annuity.

Periodic Payment

Payment Interval

Term

Interest Rate

Conversion Period

​$122.00

1 month

5

years

4​%

quarterly

The future value is

​$nothing.

​(Round the final answer to the nearest cent as needed. Round all intermediate values to six decimal places as​ needed.)

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