Question: (Compound annuity) What is the accumulated sum of each of the following streams of payments? a. $480 a year for 8 years compounded annually at

 (Compound annuity) What is the accumulated sum of each of the

(Compound annuity) What is the accumulated sum of each of the following streams of payments? a. $480 a year for 8 years compounded annually at 9 percent. b. $100 a year for 6 years compounded annually at 8 percent. c. $37 a year for 11 years compounded annually at 12 percent. d. \$27 a year for 4 years compounded annually at 6 percent

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