Question:

Suppose Christian stops for coffee a given number of times a

Last updated: 10/4/2023

Suppose Christian stops for coffee a given number of times a

Suppose Christian stops for coffee a given number of times a week Use the information in the following table to calculate how much Christian would save if he deposited the amount he woul spend on coffee into an ordinary annuity instead Assume there are four weeks in a month Number of Coffees Per Week 8 Price of One Cup 4 45 Christian would have in the annuity Round to the nearest cent as needed Interest Rate for Annuity 2 8 Number of Years 17