[-/1 Points] WANEFM7 2.3.006.MI. 0/7 Submissions Used DETAILS Find the amount accumulated FV in the given annuity account. HINT [See Quick Example 1 and Example 1.] (Assume end-of-period deposits and compounding at the same intervals as deposits. Round your answer to the nearest cent.) $130 deposited monthly for 20 years at 3% per year in an account containing $15,000 at the start $ Read It Master It Need Help?

Advanced Engineering Mathematics
10th Edition
ISBN:9780470458365
Author:Erwin Kreyszig
Publisher:Erwin Kreyszig
Chapter2: Second-order Linear Odes
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4. [-/1 Points] DETAILS
WANEFM7 2.3.006.MI. 0/7 Submissions Used
Find the amount accumulated FV in the given annuity account. HINT [See Quick Example 1 and Example 1.] (Assume end-of-period deposits and compounding at the same intervals as deposits.
Round your answer to the nearest cent.)
$130 deposited monthly for 20 years at 3% per year in an account containing $15,000 at the start
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Transcribed Image Text:4. [-/1 Points] DETAILS WANEFM7 2.3.006.MI. 0/7 Submissions Used Find the amount accumulated FV in the given annuity account. HINT [See Quick Example 1 and Example 1.] (Assume end-of-period deposits and compounding at the same intervals as deposits. Round your answer to the nearest cent.) $130 deposited monthly for 20 years at 3% per year in an account containing $15,000 at the start Read It Master It tA Need Help?
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