Rachel invests $500 in an annuity that offers an interest rate of 5%
compounded quarterly for...
Mathematics, 20.03.2020 08:48 morronefamily1
Rachel invests $500 in an annuity that offers an interest rate of 5%
compounded quarterly for 10 years. What is the value of Rachel's investment
after 10 years?
O
A. $566.14
B. $1326.65
C. $814.45
D. $821.81
Answers: 1
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