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value: 10.00 points An annuity consists of end-of-month payments of $150 continuing for 6.5 years. a. Based on a nominal rate of 10% compounded quarterly,
value: 10.00 points An annuity consists of end-of-month payments of $150 continuing for 6.5 years. a. Based on a nominal rate of 10% compounded quarterly, calculate the annuity's present value. (Do not round intermediate calculations and round your final answer to 2 decimal places.) Present value b. Based on a nominal rate of 10% compounded quarterly, calculate the annuity's future value. (Do not round intermediate calculations and round your final answer to 2 decimal places.) Future value
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