(Answered) If you deposit 1000 at the end of every three months in a

Finance

If you deposit $1,000 at the end of every three months in a savings account that pays 4% per year compounded quarterly, how much will you have at the end of 6 years?

What is the present value of a 20-year annuity that will pay $12,000 per year on the first day of each year beginning 10 years from today, if the discount rate is 4%?

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