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Find the accumulated value 24 years after the first payment is made of an annuity on which there are 5 payments of $150 each made
Find the accumulated value 24 years after the first payment is made of an annuity on which there are 5 payments of $150 each made at three-year intervals. The nominal interest rate convertible semiannually is 3%. Round answer to two decimal places. DO NOT use Excel to solve. Solve by hand
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