Find the future value of an annuity when payment is $4000.00 annually, interest is 0.5% compounded annually and he term is 5 years.

Answer 1

Find the future value of an annuity when payment is $4000.00 annually, interest is 10.5% compounded annually and he term is 5 years.
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Answer 2

amount = 4000( 1.105^5 - 1)/.105
= ...