Round your answer to the nearest cent.) JHhUity account. HINT [See Quick Example 1 and Example 1.] (Assume end-of-period deposits and compounding at the same intervals as deposits. $2,000 is deposited quarterly for 10 years at 5% per year FV = $ Need Help? Read It Submit Answer

Algebra & Trigonometry with Analytic Geometry
13th Edition
ISBN:9781133382119
Author:Swokowski
Publisher:Swokowski
Chapter10: Sequences, Series, And Probability
Section10.3: Geometric Sequences
Problem 80E
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Find the amount accumulated FV in the given annuity account. HINT [See Quick Example 1 and Example 1.] (Assume end-of-period deposits and compounding at the same intervals as deposits.
ASK YOUR TEACHER
Round your answer to the nearest cent.)
$2,000 is deposited quarterly for 10 years at 5% per year
FV = $
Read It
Need Help?
Submit Answer
Transcribed Image Text:NOTES Find the amount accumulated FV in the given annuity account. HINT [See Quick Example 1 and Example 1.] (Assume end-of-period deposits and compounding at the same intervals as deposits. ASK YOUR TEACHER Round your answer to the nearest cent.) $2,000 is deposited quarterly for 10 years at 5% per year FV = $ Read It Need Help? Submit Answer
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