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Find the accumulated value 36 years after the first payment is made of an annuity on which there are 7 payments of $250 each made
Find the accumulated value 36 years after the first payment is made of an annuity on which there are 7 payments of $250 each made at four-year intervals. The nominal interest rate convertible semiannually is 4%. Round your answer to two decimal places.
(please show work and not excel)
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