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Problem 4-18Future Value of an Annuity for Various Compounding PeriodsFind the future values of the following ordinary annuities:FV of $600 paid each 6 months for 6 years at a nominal rate of8%, compounded semiannually. Round your answer to the nearestcent.$ FV of $300 paid each 3 months for 6 years at a nominal rate of8%, compounded quarterly. Round your answer to the nearestcent.$
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