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( Compound annuity ) What is the accumulated sum of each of the following streams of payments? a. $480 a year for 99 years compounded
(Compound annuity)
What is the accumulated sum of each of the following streams of payments?
a.$480 a year for 99 years compounded annually at 11 percent.
b.$100 a year for 8 years compounded annually at 8 percent.
c.$37 a year for 13years compounded annually at13percent.
d.$24 a year for 6 years compounded annually at 4 percent.
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