Question

nec meducation como con samo m y s o und time we actors to 3 decimal The future value of $2.500 deposited each year for years aming 4 percent would be places and final answer to the need amount Choice | o O ss воо o O ss ooo o ses o o

Answer 1

Ans $ 16583

P =	Periodic payments
r =	rate of interest
n =	no of years

Future Value of Annuity =	P ( (1 + r)^n - 1 ) / r
	2500* ((1 + 4%)^6 - 1) / (4%)
	16583