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calculate the future value of the following annuities, assuming each annuity payment is made at the end of each compounding period. 1. Annuity Payment annual
calculate the future value of the following annuities, assuming each annuity payment is made at the end of each compounding period.
1.
Annuity Payment | annual Rate | interest compound | period invested | present value of annuity |
$3400 | 9.0% | semiannually | 9 years | |
$6400 | 10.0% | quarterly | 5 years | |
$5100 | 6.0% | quarterly | 2 years | |
$4100 | 9.0% | semiannually | 3 years | |
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