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Find the future value of the following ordinary annuity. Periodic Payment Payment Interval Term Interest Rate Conversion Period $1600 6 months 16 years 7% quarterly
Find the future value of the following ordinary annuity.
Periodic Payment | Payment Interval | Term | Interest Rate | Conversion Period |
$1600 | 6 months | 16 years | 7% | quarterly |
The future value is $__
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