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  3. consider an annuity that pays $800 per year for 13

Consider an annuity that pays $800 per year for 13 years, with the first payment...

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Accounting

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Consider an annuity that pays $800 per year for 13 years, with the first payment starting a year later (t=1). What is its future value 13 years from now at an expected return of 14% per year? Note: Show your answer in units of dollars, use plain numbers with at least two digits after the decimal (e.g., for $12,345.67, type 12345.67)

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