2 years ago

Suppose you start an annuity where you invent$2,000 at the beginning or each year and 4% interest is paid at the end of the year

Mathematics

2 answers:

dimulka [17.4K]2 years ago

7 0

I believe $80 dollars would be 4% of 2,000

viktelen [127]2 years ago

7 0

2000x 0.04 = 80
End of the year have to pay 80

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