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a b C סו d e Find the future value of ordinary annuity of the following items: Payment Period Sinking Fund Payment Nominal Rate 10% every 6 months every year every 3 months every month every 3 months Time Period 8 years 14 years 5 years 1½ years 4 years 9% 12% 12% 16% Interest Compounded semi-annually annually quarterly monthly quarterly Future Value 500,000 2,500,000 15,000 40,000 187,000

a b C סו d e Find the future value of ordinary annuity of the following items: Payment Period Sinking Fund Payment Nominal Rate 10% every 6 months every year every 3 months every month every 3 months Time Period 8 years 14 years 5 years 1½ years 4 years 9% 12% 12% 16% Interest Compounded semi-annually annually quarterly monthly quarterly Future Value 500,000 2,500,000 15,000 40,000 187,000

Essentials Of Investments
Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
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b C d (D Find the future value of ordinary annuity of the following items: Sinking Fund Payment Payment Period every 6 months every year every 3 months every month every 3 months Time Period 8 years 14 years 5 years 1½ years 4 years Nominal Rate 10% 9% 12% 12% 16% Interest Compounded semi-annually annually quarterly monthly quarterly Future Value 500,000 2,500,000 15,000 40,000 187,000
Transcribed Image Text:b C d (D Find the future value of ordinary annuity of the following items: Sinking Fund Payment Payment Period every 6 months every year every 3 months every month every 3 months Time Period 8 years 14 years 5 years 1½ years 4 years Nominal Rate 10% 9% 12% 12% 16% Interest Compounded semi-annually annually quarterly monthly quarterly Future Value 500,000 2,500,000 15,000 40,000 187,000
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