asked 226k views
1 vote
Find the accumulated amount of an ordinary annuity with a payment of $2,500, at 8% interest compounded quarterly for 16years. The number you substituted in for the variable n was And the answer you calculated for the accumulated amount was

asked
User Visualex
by
8.1k points

1 Answer

5 votes

Answer:

$8,564.86

Explanation:

answered
User Giorgos Tsakonas
by
8.3k points
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