at the beginning of each year for 14 years, sherry kardell invested $400 that earns 10% annually. what is the future value of sherry's account in 14 years?
It will be 2400 because 4 times 1 equal to 4 them multiply it by 14 and I got 2400
Answer:
The future value is $12308.99
Step-by-step explanation:
Since Sherry Kardell is paying at the beginning of each year, therefore the annuity is due.
So,
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The future value is $12308.99