Calculate the future value of the following annuities, assuming each annuity payment is made at the end of each compounding period. $($FV of $$1,$ ?PV of $$1,$ ?FVA of $$1,$ ?and PVA of $$1)($Use tables, Excel, or a financial calculator. Round your answers to $2$ ?decimal places.$)$

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Initial Investment Annual Rate Interest Compounded Period Invested Future Value 1. $ 6,600 8% Annually 9 years 2. 4,600 8% Semiannually 6 years 3. 7,600 8% Quarterly 3 years Initial Investment Annual Rate Interest Compounded Period Invested Future Value 1. $ 6,600 8% Annually 9 years 2. 4,600 8% Semiannually 6 years 3. 7,600 8% Quarterly 3 years

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Answer To calculate the future value of the annuities we can use the formula for the fut... View the full answer