Barbara Brooks invested$500 twice a year in an annuity due at Southern Trust Company for a period
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Question:
Barbara Brooks invested$500 twice a year in an annuity due at Southern Trust Company for a period of6 years at an interest rate of6% compounded semiannually.
Using theordinary annuity table, calculate the total value of the annuity due at the end of the6-year period.
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