Question
Sam Walker invested$3000 four times a year in an annuity due at Hicks and Marston Investments for a period of2 years at an interest rate
Sam Walker invested$3000 four times a year in an annuity due at Hicks and Marston Investments for a period of2 years at an interest rate of8% compounded quarterly. Using theordinary annuity table, calculate the total value of the annuity due at the end of the2 year period.
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An Introduction to Investment Banks, Hedge Funds, and Private Equity
Authors: David P. Stowell
1st edition
978-0123745033, 0123745039, 978-9380931074
