Please use financial calculator 29. An annuity pays $500 per year for 12 years beginning one...

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29. An annuity pays $500 per year for 12 years beginning one year from today. What is the remaining value of the annuity imme

Please use financial calculator

Answer 1

Answer #1

Function Arguments ? X PV Rate 2% Nper Pmt -500 - Fv o 1 1 1 = 0.02 = 7 = -500 Type 11 1 = 1 = 3300.715445 Returns the presen

Hence, correct option is C) $3301

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Answer 2

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