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eBook Find the future values of the following ordinary annuities: a . FV of $ 5 0 0 paid each 6 months for 5 years

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Find the future values of the following ordinary annuities:
a. FV of $500 paid each 6 months for 5 years at a nominal rate of 14% compounded semiannually. Do not round intermediate calculations. Round your answer to the nearest cent.
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b. FV of $250 paid each 3 months for 5 years at a nominal rate of 14% compounded quarterly. Do not round intermediate calculations. Round your answer to the nearest cent.
$ c. These annuities receive the same amount of cash during the 5-year period and earn interest at the same nominal rate, yet the annuity in part b ends up larg -Sse
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