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Find the future value (FV) of the ordinary annuity. Interest is compounded annually, unless otherwise indicated. PMT $900, r=4% interest compounded semiannually (m-2) for
Find the future value (FV) of the ordinary annuity. Interest is compounded annually, unless otherwise indicated. PMT $900, r=4% interest compounded semiannually (m-2) for t- 7 years = FV = PMT[(1+)-1] i PMT FV(t) [(1+2)-1] PMT: PV(t) [1-(1+)"]. PV V = PMT [1-(1+] Please show your work?
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Financial ACCT2
Authors: Norman H. Godwin, C. Wayne Alderman
2nd edition
9781285632544, 1111530769, 1285632540, 978-1111530761
