Find the future value of an ordinary annuity of $67 paid quarterly for 4 years, if the interest rate is 6%, compounded quarterly. Round your answer to the nearest cent.
A) $1,350.51
B) $1,201.47
C) $1,248.83
D) $5,668.14
E) $300.37

Question

Find the future value of an ordinary annuity of $67 paid quarterly for 4 years, if the interest rate is 6%, compounded quarterly. Round your answer to the nearest cent. ​
A) $1,350.51
B) $1,201.47
C) $1,248.83
D) $5,668.14
E) $300.37

Quizplus · Accepted Answer

The Answer of Find the future value of an ordinary annuity of $67 paid quarterly for 4 years, if the interest rate is 6%, compounded quarterly. Round your answer to the nearest cent. ​
A) $1,350.51
B) $1,201.47
C) $1,248.83
D) $5,668.14
E) $300.37

Find the Future Value of an Ordinary Annuity of $67