Find the future value of the annuity.There are payments of $1000 at the end of each year for 15 years at 3% interest compounded annually

A. $51,932.25
B. $18,598.91
C. $5041.97
D. $17,086.32


Answer: B

Mathematics

You might also like to view...

Evaluate the expression according to the order of operations.15 + 11 ? 18

A. 468 B. 213 C. 44 D. 183

Mathematics

Give the equation of the oblique asymptote, if any, of the function.h(x) = 

A. y = x + 2 B. y = 2x C. y = 0 D. no oblique asymptote

Mathematics

The bar graph shows the number of new residents in several towns during the years 1999 to 2001. Use the graph to answer the question.  In the year 2000, which town had the smallest number of new residents?

A. Birton B. Middleton C. Hatsburg D. Crawley

Mathematics

Use the laws of exponents to simplify the algebraic expression. Your answer should not involve parentheses or negative exponents.  Enter your answer as yb where a and b are integers.

What will be an ideal response?

Mathematics