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(Compound annuity) What is the accumulated sum of each of the following streams of payments? a. $480 a year for 10 years compounded annually at
(Compound annuity) What is the accumulated sum of each of the following streams of payments?
a. $480 a year for 10 years compounded annually at 10 percent.
b. $112 a year for 8 years compounded annually at 7 percent.
c. $35 a year for 12 years compounded annually at 13 percent.
d. $23 a year for 4 years compounded annually at 5 percent.
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