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14. Future Value of Annuity. Jen spends $10 per wesk on lottery tickets. If she takes the same amount that she spends on lottery tickets and invests it each week for the next five years at 10%, how much
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14. Future Value of Annuity. Jen spends $10 per

wesk on lottery tickets. If she takes the same
amount that she spends on lottery tickets and
invests it each week for the next five years at 10%,
how much will she have in five years?

User Waterjuice
by
5.5k points

1 Answer

6 votes

Answer:

10 times 4 equals=40 per month times 12 equals 480 a year times 5 years =2400 times. 10=240 2400+240=2640.00

User Berlin
by
6.1k points
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