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Find the future value of the following ordinary annuities: Show all steps and equation FV of $400 each 6 months for 5 years at a

Find the future value of the following ordinary annuities: Show all steps and equation

  1. FV of $400 each 6 months for 5 years at a discount rate of 12%, compounded semiannually.
  2. FV of $200 each 3 months for 5 years at a discount rate of 12%, compounded quarterly.

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