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#5 Find the accumulated value 21 years after the first payment is made of an annuity on which there are 5 payments of $850 each
#5 Find the accumulated value 21 years after the first payment is made of an annuity on which there are 5 payments of $850 each made at 3-year intervals. The nominal rate of interest convertible semiannually is 5.9%. A. $15718.09 B. $4191.49 C. $11975.69 D. $2619.68 E. $10478.73
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