Question: Complete the ordinary annuity. (Do not round intermediate calculations. Round your final answer to the nearest cent.) Amount of payment: 12,700 Payment payable: semiannually Years:

Complete the ordinary annuity. (Do not round intermediate calculations. Round your final answer to the nearest cent.)

Amount of payment: 12,700

Payment payable: semiannually

Years: 9

Interest rate: 6%

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