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Use Table 12-1 to calculate the future value (in $) of the ordinary annuity. (Round your answer to the nearest cent.) Annuity Payment Payment Frequency
Use Table 12-1 to calculate the future value (in $) of the ordinary annuity. (Round your answer to the nearest cent.) Annuity Payment Payment Frequency Time Period (years) Nominal Rate (%) Interest Compounded Future Value of the Annuity $3,500 every 6 months 5 8 semiannually $ Use Table 12-1 to calculate the future value (in $) of the annuity due. (Round your answer to the nearest cent.) Annuity Payment Payment Frequency Time Period (years) Nominal Rate (%) Interest Compounded Future Value of the Annuity $80 every month 6 monthly $ 1.5 Solve by using formulas. (Round your answer to the nearest cent.) Annuity Payment Payment Frequency Time Period (years) Nominal Rate(%) Interest Compounded Future Value of the Annuity (in $) $4,000 every 6 months 7 7.0 semiannually $ End of document
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