An annuity account earns biannual payments (e.g. two payments per year) and has an annual interest rate of 5 percent. What value of r must be substituted into the formula to calculate the future value of the annuity? Round the value to the nearest thousandth.(1 point) Responses 0.001 0.001 0.025 0.025 0.050 0.050 0.004
