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OpenStudy (anonymous):
You deposit $7,500 into a savings plan at the end of every six months. The interest rate is 4% compounded semiannually. Find the value of the annuity after 4 years. Do not round until the final answer. Then, round to the nearest cent.
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OpenStudy (here_to_help15):
$64,372.27
OpenStudy (anonymous):
That's what I got. I just wanted to double check. Thank you, Here_to_Help!
OpenStudy (here_to_help15):
No problem :)
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