Solved: Connie wants to have an annuity payment of 2000 at the end, Basic Statistics

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Connie wants to have an annuity payment of 2000 at the end

Connie wants to have an annuity payment of $2,000 at the END of every three months. How much should she deposit now at 6% interest, compounded quarterly, to yield this payment for 3 years? (Use Table 12-2 in your text)

$21,815.02
$20,786.85
$21,577.10
$22,783.26

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Basic Statistics: Connie wants to have an annuity payment of 2000 at the end

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Basic Statistics: Connie wants to have an annuity payment of 2000 at the end

Reference No:- TGS01722413

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