If you deposit $100.00 in an account, every "month) for the next five (5) years earning 6%, calculate the future value of this annuity 5,000.00 6,050.25 6,977.00 7,300.25

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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If you deposit $100.00 in an account, every "month) for the next five (5) years
earning 6%, calculate the future value of this annuity
5,000.00
6,050.25
6,977.00
7,300.25
Transcribed Image Text:If you deposit $100.00 in an account, every "month) for the next five (5) years earning 6%, calculate the future value of this annuity 5,000.00 6,050.25 6,977.00 7,300.25
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