Alice longtree has decided to invest 400 quarterly for 4


Alice Longtree has decided to invest $400 quarterly for 4 years in an ordinary annuity at 8%. As her financial adviser, calculate for Alice the total cash value of the annuity at the end of year 4.

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Finance Basics: Alice longtree has decided to invest 400 quarterly for 4
Reference No:- TGS0601632

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