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Problem 10 Let the annual effective rate of interest be 4%. Find the accumulated value of an annuity which pays $750 (a) annually for 8

image text in transcribed Problem 10 Let the annual effective rate of interest be 4%. Find the accumulated value of an annuity which pays $750 (a) annually for 8 years (b) biennially for 8 years (c) semiannually for 4 years assuming the payments are due at the end of every payment period

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