Find the future values of the ordinary annuities

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Reference no: EM131449242

Future value of an annuity

Find the future values of the following ordinary annuities:

FV of $600 paid each 6 months for 5 years at a nominal rate of 9% compounded semiannually. Round your answer to the nearest cent.

FV of $300 paid each 3 months for 5 years at a nominal rate of 9% compounded quarterly. Round your answer to the nearest cent.

Reference no: EM131449242

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