bryce2017jesyka bryce2017jesyka
  • 04-06-2018
  • Business
contestada

What is the value of an annuity due at the end of 15 years of quarterly deposits of $2,000.00 with terms of 8 percent compounded quarterly?

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philipscaster83
philipscaster83 philipscaster83
  • 04-06-2018
2,000×((((1+0.08÷4)^(4×15)
−1)÷(0.08÷4))×(1+0.08÷4))
=232,665.14
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krw727 krw727
  • 13-01-2021

Answer:

$232,666.08

Explanation:

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