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a. FV of 3800 paid each 6 months for 5 years at a nominal rate of 5% compounded semiannualiy. Do not round intermediate calculations. Round

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a. FV of 3800 paid each 6 months for 5 years at a nominal rate of 5% compounded semiannualiy. Do not round intermediate calculations. Round your answer to the nearest cent. b. FV of $400 paid each 3 months for 5 years at a nominal rate of 5% compounded quarterly. Do not round intermediate calculations. Round your answer ta the nearest cent. 5) c. These annuities receive the same amount of cash curing the 5-year period and earn interest at the same nominal rate, vet the annuity in part b ends up larger than the noe in dart a. Whw does this occur

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