You expect to make equal payments of $ XXXXXXXXXXat the end of each semi-annual period over the next 3 years (ordinary annuity) into a new bank account earning interest at 8%. What is the future value...


You expect to make equal payments of $3460.00 at the end of each semi-annual period over the next 3 years (ordinary annuity) into a new bank account earning interest at 8%.


What is the future value of the annuity stream, if the frequency of compounding is 2 times per year?



Jun 07, 2022
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