an investor wants to save money to purchase real estate. he buys an annuity with quarterly payments that earn 5.8% interest, compounded quarterly. payments will be made at the end of each quarter. find the total value of the annuity in 16 years if each quarterly payment is $199. do not round any intermediate computations and round your final answer to the nearsr cent.
an investor wants to save money to purchase real estate. he buys an annuity with quarterly payments that earn 5.8% interest, compounded quarterly. payments will be made at the end of each quarter. find the total value of the annuity in 16 years if each quarterly payment is $199. do not round any intermediate computations and round your final answer to the nearsr cent.
Chapter4: Time Value Of Money
Section: Chapter Questions
Problem 34P
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an investor wants to save money to purchase real estate. he buys an
do not round any intermediate computations and round your final answer to the nearsr cent.
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