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1)Find the amount of the ordinary annuity based on the information given. R=$11,500, 6% compounded semiannually for 8 years. 2)Find the future value of the

1)Find the amount of the ordinary annuity based on the information given.

R=$11,500, 6% compounded semiannually for 8 years.

2)Find the future value of the following ordinary annuity. Payments are made and interest is compounded as given.

R=$500, 7% interest compounded quarterly for 5 years

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