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Calculate the total value of the annuity due at the end

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Question - Nancy Hernandez invested $5500 twice a year in an annuity due at Capital Appreciation, Inc. for a period of 5 years at an interest rate of 8% compounded semiannually.

Required - Using the ordinary annuity table, calculate the total value of the annuity due at the end of the 5-year period.

Reference no: EM132612195

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