Question: Doug set up an investment program using an annuity do with payment of $8000 at the end of each semi annual period. Find the percentage

Doug set up an investment program using an annuity do with payment of $8000 at the end of each semi annual period. Find the percentage and number of periods he should use to obtain the factor needed to calculate the amount of the annuity payments are made for eight years into an account expected to pay 5% interest compounded semi annually. Use the formula future value = payment factor

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