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What is the future value of 18 periodic payments of $6,200 each, made at the beginning of each period and compounded at 8% ? (Round
What is the future value of 18 periodic payments of $6,200 each, made at the beginning of each period and compounded at 8% ? (Round factor values to 5 decimal places, eg. 1.25124 and final answer to 0 decimal places, e.g. 5,275.) Using the appropriate interest table, answer the following questions. (Each case is independent of the others.) (a) Click here to view factor tables What is the future value of 18 periodic payments of $6,200 each, hiade at the beginning of each period and compounded at 8% ? (Round factor values to 5 decimal places, eg. 1.25124 and final answer to 0 decimal places, eg, 5,275.)
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