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Calculate the Future worth, at year 7, of the following cash flow. Consider 6% annual interest rate, compounded semiannually. InterestTables ia=(1+i)m1 where ia= effective annual

image text in transcribed Calculate the Future worth, at year 7, of the following cash flow. Consider 6% annual interest rate, compounded semiannually. InterestTables ia=(1+i)m1 where ia= effective annual interest rate i= rate for one compounding period m= number times interest is compounded per year i=(1+r/m)m1 where i= effective interest rate for any time period r= nominal rate for same time period as i m= no. times interest is comp'd in period specified for

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