Question: Use Table 12-1 to calculate the future value (in $) of the ordinary annuity. (Enter a number. Round your answer to the nearest cent.)

Use Table 12-1 to calculate the future value (in $) of the

Use Table 12-1 to calculate the future value (in $) of the ordinary annuity. (Enter a number. Round your answer to the nearest cent.) Annuity Payment Payment Frequency Time Period (years) Nominal Rate (%) Interest Compounded Future Value of the Annuity $7,500 every 6 months 5 4 semiannually Need Help? Read It

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