Mathematics for FinanceMTP May 19Question 1494 of 422
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$200$ invested at the end of each month in an account paying interest $6\%$ per year compounded monthly. What is the future value of this annuity after $10$th payment?

Options

A$2045$
B$2055$
C$2044$
D$2065$
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Correct Answer

Option a$2045$

All Options:

  • A$2045$
  • B$2055$
  • C$2044$
  • D$2065$

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