Find the future value of the annuity due. Payments of $500 per quarter for 4 years at 8% compounded quarter

Advanced Engineering Mathematics
10th Edition
ISBN:9780470458365
Author:Erwin Kreyszig
Publisher:Erwin Kreyszig
Chapter2: Second-order Linear Odes
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Find the future value of the annuity due.
Payments of $500 per quarter for 4 years at 8% compounded quarterly
What is the future value of the annuity due?
(Round to the nearest cent as needed.)
...
Transcribed Image Text:Find the future value of the annuity due. Payments of $500 per quarter for 4 years at 8% compounded quarterly What is the future value of the annuity due? (Round to the nearest cent as needed.) ...
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