How much interest is included in the future value of an ordinary simple annuity of $1500 paid

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How much interest is included in the future value of an ordinary simple annuity of $1500 paid every 6 months at 7% compounded semi-annually if the term of the annuity is 15 years? Reference Example 11.2C

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Contemporary Business Mathematics with Canadian Applications

ISBN: 978-0133052312

10th edition

Authors: S. A. Hummelbrunner, Kelly Halliday, K. Suzanne Coombs

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Question Posted: Sep 21, 2024 05:20 AM

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How much interest is included in the future value of an ordinary simple annuity of $1500 paid

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Contemporary Business Mathematics with Canadian Applications

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