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Find the future values of the following ordinary annuities. FV of $800 each 6 months for 9 years at a nominal rate of 12%, compounded

Find the future values of the following ordinary annuities.

  1. FV of $800 each 6 months for 9 years at a nominal rate of 12%, compounded semiannually. Do not round intermediate calculations. Round your answer to the nearest cent.

    $

  2. FV of $400 each 3 months for 9 years at a nominal rate of 12%, compounded quarterly. Do not round intermediate calculations. Round your answer to the nearest cent.

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