Question: Manually find the future value of an annuity due of $500 paid semiannually for two years at 6% annual interest compounded semiannually. Verify your result
Manually find the future value of an annuity due of $500 paid semiannually for two years at 6% annual interest compounded semiannually. Verify your result by using the table method. See Examples 5 and 6.
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Number of periods 22 4 Period rate 6 2 3 Endofperiod 1 value ... View full answer
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