Find the future values of the following ordinary annuities: a. FV of $700 paid each...
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Find the future values of the following ordinary annuities: a. FV of $700 paid each 6 months for 5 years at a nominal rate of 10% compounded semiannually. Do not round intermediate caiculations. Round your answer to the nearest cent. b. FV of $350 paid each 3 months for 5 years at a nominal rate of 10% compounded quarterly. Do not round intermediate calculations. Round your answer to the nearest cent. c. These annulties recelve the same amount of cash during the 5 -year period and earn interest at the same nominal rate, yet the annuity in part b ends up
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