Essentials Of Investments
Essentials Of Investments
11th Edition
ISBN: 9781260013924
Author: Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher: Mcgraw-hill Education,
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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
$500 every 6 months 13 10 semiannually

 

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