Ask Question
23 August, 11:38

Michael invests $2000 in an annuity that offers an interest rate of 4%

compounded quarterly for 5 years. What is the value of Michael's investment

after 5 years?

+2
Answers (1)
  1. 23 August, 12:54
    0
    Answer: $2440.38
Know the Answer?
Not Sure About the Answer?
Get an answer to your question ✅ “Michael invests $2000 in an annuity that offers an interest rate of 4% compounded quarterly for 5 years. What is the value of Michael's ...” in 📙 Mathematics if there is no answer or all answers are wrong, use a search bar and try to find the answer among similar questions.
Search for Other Answers