Asked by jackie

ted Williams made deposits of 500.00 at the end of each year for eight years. the rat is 8% compounded annually. calculate the value of ted's annuity at the end of eight years

9 years ago

Answered by Reiny

amount = 500( 1.08^8 - 1)/.08
= ...

9 years ago

Answered by QuiQui

5,318.30

8 years ago

Answered by Anonymous

$5,318.30

8 years ago

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