Question
Jim Scott invested $5000 four times a year in an annuity due at New York Securities for...
Jim Scott invested $5000 four times a year in an annuity due at New York Securities for a period of 4 years at an interest rate of 8%
compounded quarterly. Using the ordinary annuity table , calculate the total value of the annuity due at the end of the 4-year period.
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Answer #1
TOPIC:Annuity due, total value of the investment.
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