Round your answer to the nearest cent.
-Find the 6-year future value of an ordinary annuity with a contribution of $1800 every six months into an account that pays 3.8% per year, compounded semi-annually.
A) $53,476.45
B) $83,378.11
C) $24,006.46
D) $71,374.88

Question

Quizplus · Accepted Answer

The Answer of Round your answer to the nearest cent.
-Find the 6-year future value of an ordinary annuity with a contribution of $1800 every six months into an account that pays 3.8% per year, compounded semi-annually.
A) $53,476.45
B) $83,378.11
C) $24,006.46
D) $71,374.88

Round Your Answer to the Nearest Cent