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Find the future values of the following ordinary annuities: a FV of $400 paid each 6 months for 5 years at a nominal rate of

Find the future values of the following ordinary annuities:

a FV of $400 paid each 6 months for 5 years at a nominal rate of 16% compounded semiannually. Do not round intermediate calculations. Round your answer to the nearest cent. = $ ?

b FV of $200 paid each 3 months for 5 years at a nominal rate of 16% compounded quarterly. Do not round intermediate calculations. Round your answer to the nearest cent. = $ ?

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