Question
Find the future value of the following ordinary simple annuity. Periodic Payment: $583.00 Payment Interval: 6 months Term: 9 years Interest rate: 9% Conversion period:
Find the future value of the following ordinary simple annuity.
Periodic Payment: $583.00
Payment Interval: 6 months
Term: 9 years
Interest rate: 9%
Conversion period: semi-annually
(round the final answer to the nearest cent. round all intermediate values to six decimal places.)
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M: Finance
Authors: Marcia Cornett, Troy Adair, John Nofsinger
5th Edition
1260772357, 9781260772357
