Find the future value of the ordinary annuity. Round to the nearest cent. Find the future value of an ordinary annuity of $61 paid quarterly for 3 years, if the interest rate is 8%, compounded quarterly. O $2414.41 $1157.60 $818.14 $186.68

Advanced Engineering Mathematics
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ISBN:9780470458365
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Chapter2: Second-order Linear Odes
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Find the future value of the ordinary annuity. Round to the nearest cent.
Find the future value of an ordinary annuity of $61 paid quarterly for 3 years, if the
interest rate is 8%, compounded quarterly.
$2414.41
$1157.60
$818.14
$186.68
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Transcribed Image Text:Brightspace XB Q Find the future value of the ordinary annuity. Round to the nearest cent. Find the future value of an ordinary annuity of $61 paid quarterly for 3 years, if the interest rate is 8%, compounded quarterly. $2414.41 $1157.60 $818.14 $186.68 Previous Page vere and every way WEBCAM RECORDING Next Page Page 15 of 33
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