Mathematics, 06.05.2020 02:29 jamesgraham577

Suppose Juan invests in an annuity that pays 6% annual interest, compounded annually. He contributes $4,000 annually for 5 years. What is the value of the annuity after 5 years? Input your answer rounded to the nearest hundred dollars and omit the dollar sign and comma (For example, $42,570.21 should be entered as 42600 .)

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Suppose Juan invests in an annuity that pays 6% annual interest, compounded annually. He contributes...