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$2000 a year is deposited into an annuity for a child from its birth until it is 18 years old. The rate of interest is at 7%. What will the annuity be worth in 18 years?
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$2000 a year is deposited into an annuity for a child from its birth until it is 18 years old. The rate of interest is at 7%. What will the annuity be worth in 18 years?

User Dzmitry Sevkovich
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I think the annuity will be worth about 41,146 in 18 years, I hope this helped :)
User Mahesh Samudra
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