a. Use the appropriate formula to find the value of the annuity b. Find the interest. Periodic Deposit $1000 at the end of each year Rate ime 4.5% compounded annually 40 years Click the icon to view...


a. Use the appropriate formula to find the value of the annuity<br>b. Find the interest.<br>Periodic Deposit<br>$1000 at the end of each year<br>Rate<br>ime<br>4.5% compounded annually<br>40 years<br>Click the icon to view some finance formulas.<br>a. The value of the annuity is s<br>(Do not round until the final answer. Then round to the nearest dollar as needed.)<br>b. The interest is s<br>(Use the answer from part (a) to find this answer. Round to the nearest dollar as needed.)<br>

Extracted text: a. Use the appropriate formula to find the value of the annuity b. Find the interest. Periodic Deposit $1000 at the end of each year Rate ime 4.5% compounded annually 40 years Click the icon to view some finance formulas. a. The value of the annuity is s (Do not round until the final answer. Then round to the nearest dollar as needed.) b. The interest is s (Use the answer from part (a) to find this answer. Round to the nearest dollar as needed.)

Jun 01, 2022
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