Find the future value of an annuity due of $1000 paid at the beginning of each 6-month period for 7 years if the interest rate is 4%, compounded semiannually. (Round your answer to the nearest cent.) Need Help? Read It
Find the future value of an annuity due of $1000 paid at the beginning of each 6-month period for 7 years if the interest rate is 4%, compounded semiannually. (Round your answer to the nearest cent.) Need Help? Read It
Chapter5: The Time Value Of Money
Section: Chapter Questions
Problem 5P
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