Question: (Compound annuity) What is the accumulated sum of each of the following streams of payments? a. $510 a year for 8 years compounded annually at

(Compound annuity) What is the accumulated sum of each of the following streams of payments?

a. $510 a year for 8 years compounded annually at 11 percent.

b. $100 a year for 6 years compounded annually at 8 percent .

c. $38 a year for 13 years compounded annually at 12percent .

d. $27 a year for 4 years compounded annually at 6 percent.

(Compound annuity) What is the accumulated sum of each of the following streams of payments ? a. $510 a year for 8 years compounded annually at 11 percent. b. $100 a year for 6 years compounded annually at 8 percent. c. $38 a year for 13 years compounded annually at 12percent. d. $27 a year for 4 years compounded annually at 6 percent. a. What is the accumulated sum of $510 a year for 8 years compounded annually at 11 percent? (Round to the nearest cent.)

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