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Find the accumulated value 18 years after the first payment is made of an annuity on which there are 8 payments of 2000 each

Find the accumulated value 18 years after the first payment is made of an annuity on which there are 8 payments of 2000 each made at two-year intervals. The nominal rate of interest convertible semiannually is 7%. Answer to the nearest dollar.

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Accumulated value 2000 1 00728 10072 1 007218 2000 10358 100... blur-text-image

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