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Calculate at j4 = 7% p.a. the future value immediately after the last payment of a 10-year annuity with half-yearly payments of $1 000 at
Calculate at j4 = 7% p.a. the future value immediately after the last payment of a 10-year annuity with half-yearly payments of $1 000 at the end of each half-year. Answer this question by, first, drawing a cash flow diagram, then writing down the equation of value, and then solving it
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