Find the future values of the following ordinary annuities: FV of $600 paid each 6 months for 5 years at a nominal rate of 10%
Find the future values of the following ordinary annuities: FV of $600 paid each 6 months for 5 years at a nominal rate of 10% compounded semiannually. Do not round intermediate calculations. Round your answer to the nearest cent.
FV of $300 paid each 3 months for 5 years at a nominal rate of 10% compounded quarterly. Do not round intermediate calculations. Round your answer to the nearest cent. $
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Authors: Paula H. Song, Kristin L. Reiter
4th Edition
1640553223, 978-1640553224
