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Determine the accumulated value of an ordinary simple annuity consisting of 12 quarterly payments of $4215 each if money is worth 8.37% per annum compounded
Determine the accumulated value of an ordinary simple annuity consisting of 12 quarterly payments of $4215 each if money is worth 8.37% per annum compounded quarterly.
A.$45250.35
B.$58016.02
C.$44322.89
D.$56826.92
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