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Calculate the periodic payments for each of the following ordinary general annuities given the present or future value of the annuity. For full marks your
Calculate the periodic payments for each of the following ordinary general annuities given the present or future value of the annuity. For full marks your answer(s) should be rounded to the nearest cent. Nominal interest rate Periodic Payment Term payment interval 0.00 1 month 6 years 0.00 6 months 15 years, 6 months Compounding Present or Future frequency value Quarterly FV = $21,408.74 Quarterly PV = $3,075.63 7.75% 7.25%
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