calculate the future value (in $) of the ordinary annuity. (Round your answer to the nearest cent.)

Advanced Engineering Mathematics
10th Edition
ISBN:9780470458365
Author:Erwin Kreyszig
Publisher:Erwin Kreyszig
Chapter2: Second-order Linear Odes
Section: Chapter Questions
Problem 1RQ
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 calculate the future value (in $) of the ordinary annuity. (Round your answer to the nearest cent.)

Annuity
Payment
Payment
Frequency
Time
Period (years)
Nominal
Rate (%)
Interest
Compounded
Future Value
of the Annuity
$5,500 every 6 months 5 4 semiannually  
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