Find the value of annuity at the end of indicated number if years Amount of deposit m= $100 Frequency n= monthly Rate r= 6% Time t= 8 years

Essentials Of Investments
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ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
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Chapter1: Investments: Background And Issues
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Find the value of annuity at the end of indicated number if years

Amount of deposit m= $100

Frequency n= monthly

Rate r= 6%

Time t= 8 years

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The information above changed the interest from .06 to .05 out of no where WHY

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