Essentials Of Investments
11th Edition
ISBN: 9781260013924
Author: Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher: Mcgraw-hill Education,
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Winston and Bonnie pay $400 at the end of each 6 months for 5 years into an ordinary annuity paying 8% compounded semiannually. What is the future value at the end of 5 years?
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