College Algebra 7th Edition

Published by Brooks Cole
ISBN 10: 1305115546
ISBN 13: 978-1-30511-554-5

Chapter 8, Sequences and Series - Section 8.4 - Mathematics of Finance - 8.4 Exercises: 1

Answer

amount

Work Step by Step

An annuity is a sum of money that is paid in regular equal payments. The ___ amount___ of an annuity is the sum of all the individual payments together with all the interest.
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