Question
Find the future values of the following ordinary annuities. FV of $400 each 6 months for 6 years at a nominal rate of 12%, compounded
Find the future values of the following ordinary annuities.
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FV of $400 each 6 months for 6 years at a nominal rate of 12%, compounded semiannually. Do not round intermediate calculations. Round your answer to the nearest cent.
$
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FV of $200 each 3 months for 6 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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Financial Statements A Step By Step Guide To Understanding And Creating Financial Reports
Authors: Thomas Ittelson
1st Edition
1632652072, 978-1632652072
