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Find the future value of the following ordinary annuity algebraically and using the TVM solver: Periodic Payment: $1725 Payment Interval: 3 months Term: 13 years
Find the future value of the following ordinary annuity algebraically and using the TVM solver:
Periodic Payment: $1725
Payment Interval: 3 months
Term: 13 years
Interest Rate: 2%
Conversion period: semi-annually
(Round the final answer to the nearest cent. Round all intermediate values to six decimal places)
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