Mathematics for FinanceMTP Jun 24Question 1536 of 422
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The future value of an annuity of $1,000$ made annually for $5$ years at the interest of $14\%$ compounded annually is:

Options

A$5,610$
B$6,610$
C$6,160$
D$5,160$
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Correct Answer

Option a$5,610$

All Options:

  • A$5,610$
  • B$6,610$
  • C$6,160$
  • D$5,160$

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