Question: Solve by using formulas. (Round your answer to the nearest cent.) Ordinary Annuity Annuity Payment Payment Frequency Time Period (years) Nominal Rate (%) Interest Compounded

Solve by using formulas. (Round your answer to the nearest cent.)

Solve by using formulas. (Round your answer to the nearest cent.) Ordinary Annuity Annuity Payment Payment Frequency Time Period (years) Nominal Rate (%) Interest Compounded Future Value of the Annuity (in $) $8,000 every 6 months 5 5.0 semiannually $

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