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sashaice [31]
3 years ago
15

Find the amount of each ordinary annuity. interest is compounded annually.

Mathematics
1 answer:
Svetlanka [38]3 years ago
6 0
R=$350, I=0.05, n=15
A = 350 (1+0.05)^15 = 350(1.05)^15 = 350 (2.0789)=727.62 <- Answer
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