Question: Use Table 12-1 to calculate the future value (in $) of the annuity due. (Round your answer to the nearest cent.) Annuity Payment Payment Frequency

Use Table 12-1 to calculate the future value (in $) of the annuity due. (Round your answer to the nearest cent.) Annuity Payment Payment Frequency Time Period (years) Nominal Rate (%) Interest Compounded Future Value of the Annuity $90 every month

Annuity PaymentPayment FrequencyTime Period (years)Nominal Rate (%)Interest CompoundedFuture Value of the Annuity$90 every month for payment every month for 1.5 years at 6% interest compounded monthly = future value of the annuity

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