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Fill in blanks Hong Exam choolcia 3. Fill the blanks. Use Ordinary annuity for (a) and annuity due for (b). Hong Annuity Payment Time Nominal

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Hong Exam choolcia 3. Fill the blanks. Use Ordinary annuity for (a) and annuity due for (b). Hong Annuity Payment Time Nominal Interest Present Value Payment Frequency Period (years) Rate (%) Compounded of the Annuity (a) $1,000 Every month 1 3 / 4 6 Monthly (b) $7,000 Every 6 month 12 semiannually

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