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An annuity consists of end - of - month payments of $ 1 5 0 continuing for 6 2 years. Based on a nominal rate

An annuity consists of end

-

-

month payments of $

150

continuing for

62

years. Based on a nominal rate of

10 %

compounded quarterly, calculate the annuity's:a

.

Present value.b

.

Future value.

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