hfigard1998 hfigard1998

14-06-2024
Business

Answered

What is the future value of a 40 year $1,200 annual annuity that pays an 8 percent semi-annual coupon rate?
a. $330,747
b. $551,245
c. $307,365
d. $220,050
e. $545,000

Answer :

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