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Mazyrski [523]
3 years ago
5

An investor wants to save money to purchase real estate. She buys an annuity with monthly payments that earn 5.6% interest, comp

ounded monthly. Payments
will be made at the end of each month, Find the total value of the annuity in 16 years if each monthly payment is $65.
Do not round any intermediate computations, and round your final answer to the nearest cent
Mathematics
1 answer:
Lena [83]3 years ago
6 0

Answer:

1040

Step-by-step explanation:

just took 65 and mutiply 65$

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