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Find annuity if annual interest compound quarterly is given

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Reference no: EM131627782

Question: 1. What is the future value of an annuity due of $5,645 paid every six months for three years at 6% annual interest compounded semiannually?

2. What is the future value of an ordinary annuity of $300 every three months for four years at 8% annual interest compounded quarterly?

Reference no: EM131627782

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