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Find the future value of the annuity due. 3) Payments of $2500 made at the beginning of each semiannual period for 15 years at 4% compounded semiannually

EBK CONTEMPORARY FINANCIAL MANAGEMENT

14th Edition

ISBN:9781337514835

Author:MOYER

Publisher:MOYER

Chapter5: The Time Value Of Money

Section: Chapter Questions

Problem 24P

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Please dont answer in spreadsheet format, i wont understand

Find the future value of the annuity due.

3) Payments of $2500 made at the beginning of each semiannual period for 15 years at 4% compounded semiannually

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