Future value of annuity
Future value of annuity
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SOLVED: Use Table 12-1 to calculate the future value (in ) ofthe ordinary annuity. (Round your answer to the nearest cent.)AnnuityPaymentPaymentFrequencyTimePeriod (years)NominalRate (%)InterestCompoundedFuture Valueof the Annuity5,500every 6 months56semiannually
SOLVED: Use Table 12-1 to calculate the future value (in ) ofth…
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