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1. Calculate the amount of an annuity at the time of the last payment for each section. A) You deposit $1000 every year for 8

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1. Calculate the amount of an annuity at the time of the last payment for each section. A) You deposit $1000 every year for 8 years at 3%/a compounded annually. B) You pay $200 for 30 months. The interest rate is 6%/a compounded monthly. 2. You wish to purchased a house for $200,000 in 12 years. You can invest your money at 5%/a compounded semiannually. How much do you need to invest every 6 months, starting in 6 months, so that you will have $200,000 at the time of your last deposit? (Hint: You need to find the value for "a". ) 3. Calculate the present value for the annuities listed below. A) You require $1000 every year for 8 years at 3%/a compounded annually. B) You want to be paid $200 every month for 30 months. The interest rate is 6%/a compounded monthly. Activate Windows 4. You just sold a house for $200,000. You can invest the money at 5%/a compounded semiannually. How much could you withdraw everyt6 months, starting in\\6ndows. months, for the next 20 years

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