Find the future value of an ordinary annuity of 8000 paid, Finance Basics

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Find the future value of an ordinary annuity of 8000 paid

Find the future value of an ordinary annuity of $8000 paid semiannually for six years at 6% annual interest compounded semiannually. How much was invested? How much interest was earned?

Rate per period = 16.870

Future Value is?

Amount invested is?

Amount of interest earned is?

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Finance Basics: Find the future value of an ordinary annuity of 8000 paid

Reference No:- TGS0624171

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Finance Basics: Find the future value of an ordinary annuity of 8000 paid

Reference No:- TGS0624171

Have a Question? (oR Write a Review)

Recent Questions Asked Finance Basics

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Request for Solution File

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Finance Basics: Find the future value of an ordinary annuity of 8000 paid

Reference No:- TGS0624171

Recent Questions Asked Finance Basics

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