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A. B. PLEASE ANSWER BOTH A AND B! Find the amount of the ordinary annuity based on the information given. R= $11,500, 6% interest compounded
A. B. PLEASE ANSWER BOTH A AND B!
Find the amount of the ordinary annuity based on the information given. R= $11,500, 6% interest compounded semiannually for 8 years The amount of the ordinary annuity is $ (Round to the nearest dollar as needed.) Find the future value of the following ordinary annuity. Payments are made and interest is compounded as given. R = $750, 6% interest compounded quarterly for 8 years What is the future value of the ordinary annuity? $ (Round to the nearest dollar as needed.)Step by Step Solution
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