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Find the value of an ordinary annuity

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Reference no: EM131627659

Question: 1. Find the value of an ordinary annuity after two years of $1,500 invested semiannually at 4% annual interest.

2. What is the value after 2 years of an ordinary annuity of $300 paid semiannually at 3% annual interest?

Reference no: EM131627659

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