John receive $1000 at the beginning of eac
题型:单项选择题
问题:
John receive $1000 at the beginning of each for the next 10 years. Assume that the interest rate is 12% , calculate the value of this annuity at the end of the ten-year period.
A.
A. $13578.24. |
B.
B. $17548.74. |
C.
C. $19654.58. |