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Mathematics, 29.04.2021 02:00 devontadunn4789

Question 28.The future value of savings can be calculated with the formula pictured. What is the future value of an annual investment of $ 1000 per
year at an annual interest rate of 3.2 % fromage 20 to age 65 ?*
P((1+nt-1)
FV =
n
O A. $ 46,440.00
O B. $ 97,704.47
C. $ 209,387.59
O D. $ 733,857.58

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Answers: 3

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