Find the va P[(1+n-1] A = A = P = nt Periodic Deposit: $2500 at the end of every three months Rate: 4.5% compounded quarterly Time: 9 years

Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
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Find the value of the annuity and the interest.
nt
P[(1 +n' -1]
A =
A =
P =-
nt
Periodic Deposit: $2500 at the end of every three months
Rate: 4.5% compounded quarterly
Time: 9 years
O A. $79,006; $10,994
O B. $110,204; $20,204
O C. $332,426; $242,426
O D. $106,505; $16,505
Transcribed Image Text:Find the value of the annuity and the interest. nt P[(1 +n' -1] A = A = P =- nt Periodic Deposit: $2500 at the end of every three months Rate: 4.5% compounded quarterly Time: 9 years O A. $79,006; $10,994 O B. $110,204; $20,204 O C. $332,426; $242,426 O D. $106,505; $16,505
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