An annuity account earns monthly payments and has an annual interest rate of 5
percent. What value of r must be substituted into the formula to calculate the future value of the annuity? Round the value to the nearest thousandth.(1 point)%0AResponses%0A%0A0.003%0A0.003%0A%0A0.020%0A0.020%0A%0A0.001%0A0.001%0A%0A0.040
1 answer
0.004
1 answer