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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.) begin{tabular}{|c|c|c|c|c|c|} hline AnnuityPayment &
Use Table 12-1 to calculate the future value (in \$) of the ordinary annuity. (Round your answer to the nearest cent.) \begin{tabular}{|c|c|c|c|c|c|} \hline AnnuityPayment & PaymentFrequency & TimePeriod(years) & NominalRate(%) & InterestCompounded & FutureValueoftheAnnuity \\ \hline$7,500 & every 6 months & 5 & 6 & semiannually & $ \\ \hline \end{tabular}
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