msflyunlimited msflyunlimited
  • 16-10-2022
  • Mathematics
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A husband n wife plan to save money for their daughters college education in 4 yrs. They decide to purchase a annuity with a semiannual payment earning 6% compounded semiannually. Find the future value of the annuity in 4 yrs if the semiannual payment is 1200$

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