1.Calculate the future value of an investment plan requiring contributions of $800 at the beginning of each...
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Question:
1.Calculate the future value of an investment plan requiring contributions of $800 at the beginning of each calendar quarter for seven years.Assume that the rate of return will be 8% compounded quarterly for the first 30 months and 7% compounded semiannually for the remainder of the annuity's term.
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