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Complete the annuity due for the following. (Do not round intermediate calculations. Round your answer to the nearest cent.) Value of annuity Amount of payment Payment payable Years Interest rate due Semiannually 7 8.5 % $ 27,000

Complete the annuity due for the following. (Do not round intermediate calculations. Round your answer to the nearest cent.) Value of annuity Amount of payment Payment payable Years Interest rate due Semiannually 7 8.5 % $ 27,000

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
Problem 1PS
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Little lost on the steps. Second pic is my beginning work
es 6: Complete the annuity due for the following. (Do not round intermediate calculations. Round your answer to the nearest cent.) Years Interest rate Amount of payment $ Payment payable Semiannually Value of annuity due 7 8.5 % Next > F1 Q A 2 27,000 :0: F2 W S #3 20 E D $ 4 R % 5 F < Prev 2 of 18 MacBook Air A T 6 G Y & 7 F7 H * 00 8 U DII J CO- ( 9 DD FO K M
Transcribed Image Text:es 6: Complete the annuity due for the following. (Do not round intermediate calculations. Round your answer to the nearest cent.) Years Interest rate Amount of payment $ Payment payable Semiannually Value of annuity due 7 8.5 % Next > F1 Q A 2 27,000 :0: F2 W S #3 20 E D $ 4 R % 5 F < Prev 2 of 18 MacBook Air A T 6 G Y & 7 F7 H * 00 8 U DII J CO- ( 9 DD FO K M
Complete the annuity due for the X followING 27000 CHROMT= 22006. YRS A Y/R = 8.597 0.085 = (x2=14 27000 (17.8,590) [1-1 + 8,530) 14 ) ] 32370101:63-1)6.085) 7_1) 9349 25089775 A = 934,2925, 8418309 562268,785 (13
Transcribed Image Text:Complete the annuity due for the X followING 27000 CHROMT= 22006. YRS A Y/R = 8.597 0.085 = (x2=14 27000 (17.8,590) [1-1 + 8,530) 14 ) ] 32370101:63-1)6.085) 7_1) 9349 25089775 A = 934,2925, 8418309 562268,785 (13
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