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
$40 every month 1
1
2
6

monthly

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