Mathematics, 04.12.2020 07:40 sloane50

Keith wants to save money to purchase a car. He buys an annuity with quarterly payments that earn 2.8% interest, compounded quarterly. Payments will be made at the end of each quarter. Find the total value of the annuity in 5 years if each quarterly payment is $851.

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Keith wants to save money to purchase a car. He buys an annuity with quarterly payments that earn 2....