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Compound annuity) What is the accumulated sum of each of the following streams of payments? a. $500 a year for 9 years compounded annually at

Compound annuity) What is the accumulated sum of each of the following streams of payments?
a. $500 a year for 9 years compounded annually at 11 percent.
b. $112 a year for 8 years compounded annually at 7 percent.
c. $32 a year for 13 years compounded annually at 11percent.
d. $28 a year for 5 years compounded annually at 6 percent.
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(Compound annuity) What is the accumulated sum of each of the following streams of payments? a. $500 a year for 9 years compounded annually at 11 percent. b. $112 a year for 8 years compounded annually at 7 percent. c. $32 a year for 13 years compounded annually at 11 percent. d. $28 a year for 5 years compounded annually at 6 percent

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