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A husband and wife plan to save money for their daughter's college education in 4 years. They decide to purchase an annuity with a
A husband and wife plan to save money for their daughter's college education in 4 years. They decide to purchase an annuity with a semiannual payment earning 12% compounded semiannually. Find the future value of the annuity in 4 years if the semiannual payment is $2150. Round your answer to the nearest cent.
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Intermediate Accounting
Authors: David Spiceland
11th Edition
1264134525, 9781264134526
