198k views
4 votes
Find the amount of the following ordinary annuity: $800 paid quarterly for 6 years at 8 percent per year.

1 Answer

5 votes

Answer:

Step-by-step explanation:800 x 60 then mutlipy it then add 6 to it 8 times

800 x 60 = 18000

User Pontus Ullgren
by
8.3k points
Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.

9.4m questions

12.2m answers

Categories