I get $3749.09. I asumed the deposits are made Jan 1, Apr 1, July 1, and Oct 1 each of the first 5 years.
Lily deposited $100 every quarter for 5 years into an annuity. The money remained in the annuity for another 10 years. The annuity paid 5% compounded every month. How much money was in the annuity in the end?
I got $3718.04. Can you confirm that this is correct? thanks!