= Find the future value of a 9-year annuity due with payments of $13,000 and an annually compounded interest rate of 5%. The future value is $ (Round to the nearest cent.) C

College Algebra
7th Edition
ISBN:9781305115545
Author:James Stewart, Lothar Redlin, Saleem Watson
Publisher:James Stewart, Lothar Redlin, Saleem Watson
Chapter8: Sequences And Series
Section8.4: Mathematics Of Finance
Problem 21E
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Find the future value of a 9-year annuity due with payments of $13,000 and an annually compounded interest rate of 5%.
The future value is $
(Round to the nearest cent.)
COLLE
Transcribed Image Text:= Find the future value of a 9-year annuity due with payments of $13,000 and an annually compounded interest rate of 5%. The future value is $ (Round to the nearest cent.) COLLE
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