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1 . 2 . 3 . 4 . 5 . Use the formula PV = a . b . G . a . b .
Use the formula PV a b G a b C R R $ i n R $ i n R $ i Calculate the amount of each annuity. n Calculate FV for each set of values. $ withdrawn every six months for years at compounded semi annually. $ withdrawn at the end of each year for years at compounded annually. $ withdrawn at the end of every three months for years at compounded quarterly. Don won the "Cash for Life" lottery and will receive a $ per week for the next years. How much must the lottery corporation invest today into an account that pays compounded weekly to provide Don with the prize? An annuity pays $ per year for years. The money is invested at compounded annually. The first payment is made year after the purchase of the annuity. Determine the interest earned by the annuity over the years. Noah wants to buy a year annuity. He has two options. Option A pays $ at the end
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