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Calculate the annuity at present value and future value

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Reference no: EM132588415

Question 1: Payments of $1500 will be made at the end of every quarter for 13 1⁄2 years. Using a nominal rate of 7.5% compounded semiannually, calculate the annuity's:

a. Present value.

b. Future value.

Reference no: EM132588415

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