SOLUTION: Find the amount of an annuity that consists of 10 annual payments of $5,600 each into an account that pays 12% interest per year. (Round your answer to the nearest cent.)

SOLUTION: Find the amount of an annuity that consists of 10 annual payments of $5,600 each into an account that pays 12% interest per year. (Round your answer to the nearest cent.)

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Question 1030420: Find the amount of an annuity that consists of 10 annual payments of $5,600 each into an account that pays 12% interest per year. (Round your answer to the nearest cent.)
Answer by Okoli uchechi@hotmail.com(1) (Show Source): You can put this solution on YOUR website!
7200
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