bryce2017jesyka bryce2017jesyka

04-06-2018
Business

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What is the value of an annuity due at the end of 15 years of quarterly deposits of $2,000.00 with terms of 8 percent compounded quarterly?

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philipscaster83 philipscaster83

04-06-2018

2,000×((((1+0.08÷4)^(4×15)
−1)÷(0.08÷4))×(1+0.08÷4))
=232,665.14

Answer Link

13-01-2021

Answer:

$232,666.08

Explanation:

Answer Link

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