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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 semiannual
A husband and wife plan to save money for their daughter's college education in years. They decide to purchase an annuity with a semiannual payment earning compounded semiannually. Find the future value of the annuity in years if the semiannual payment is $ Round your answer to the nearest cent.
The future value of the annuity is $
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