Question: 1. [-/1 Points] DETAILS HARMATHAP126.3.005. MY NOTES PRACTICE ANOTHER Find the future value of an annuity of $1600 paid at the end of each year
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1. [-/1 Points] DETAILS HARMATHAP126.3.005. MY NOTES PRACTICE ANOTHER Find the future value of an annuity of $1600 paid at the end of each year for 5 years, if interest is earned at a rate of 5%, compounded annually. (Round your answer to the nearest cent.) $ Need Help? Read It Show My Work (Optional) 2. [-/1 Points] DETAILS HARMATHAP12 6.3.007.MI. MY NOTES PRACTICE ANOTHER Find the future value of an ordinary annuity of $2,000 paid quarterly for 3 years, if the interest rate is 6%, compounded quarterly. (Round your answer to the nearest cent.) $ Need Help? Read It Master It Show My Work (Optional)
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