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.
$