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Problem 2 8 - 1 8 ( Future Value of an Annuity for Various Compounding Periods ) Future Value of an Annuity for Various Compounding

Problem

28 - 18 (

Future Value of an Annuity for Various Compounding Periods

)

Future Value of an Annuity for Various Compounding Periods

Find the future values of the following ordinary annuities. cent.

$ cent.

$ annuity in part

b

earns more than the one in part a over the

6

years. Why does this occur?

-

Select

-

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