Help with this finance math problem?

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Try this site where you can compare quotes from different companies: WWW.ANNUITY-HELP.US Help with this finance math problem? Jill decided to deposit $500 at the end of each year for 16 years into an annuity that is compounded annually at 7% for her daughter. What single deposit made today would be equivalent to depositing the $500 at the end of each year for 16 years? Show all work.

Economy & Finance

$Help with this finance math problem? Jill decided to deposit $500 at the end of each year for 16 years into an annuit ty that is compounded annually at 7% for her daughter. What single deposit made today would be equivalent to depositing the $500 at the end of each year for 16 years? Show all work. BEST ANSWER Try this site where you can compare quotes from different companies: WWW.ANNUITY-HELP.US$

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