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(Compound annuity) What is the accumulated sum of each of the following streams of payments? a. $520 a year for 10 years compounded annually at
(Compound annuity) What is the accumulated sum of each of the following streams of payments?
a. $520 a year for 10 years compounded annually at 10 percent.
b. $112 a year for 8 years compounded annually at 8 percent.
c. $34 a year for 13 years compounded annually at 11 percent.
d. $28 a year for 4 years compounded annually at 5 percent.
a. What is the accumulated sum of $520 a year for 10 years compounded annually at 10 percent? $______ (Round to the nearest cent)
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