Mathematics
Mathematics, 22.11.2019 23:31, jayme2407

Suppose that you earned a bachelor's degree and now you're teaching high school. the school district offers teachers the opportunity to take a year off to earn a master's degree. to achieve this goal, you deposit $ 4000 at the end of each year in an annuity that pays 7.5 % compounded annually.
a. how much will you have saved at the end of five years? (do not round until the final answer. then round to the nearest dollar as needed.)
b. find the interest.

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Answers: 1

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