Mathematics, 22.09.2021 08:50 marsewilliams

To save for a down payment on a home, suppose you decide to invest in an annuity that pays 7.0\% annual interest compounded annually. If you contribute $8,000 every year for 5 years, how much interest would you earn during the 5 years Round your answer to the nearest cent. Do NOT round until you have calculated the final answer

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