QUESTION 1 12 points Save Answer Find the accumulated value of an ordinary simple annuity...
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QUESTION 1 12 points Save Answer Find the accumulated value of an ordinary simple annuity if 2,000 is paid every year. The interest rate is 5.895 compounded annually for 4 years, and 6.7 % compounded annually for the remaining 3 years. QUESTION 2 8 points Save Answer Member Y makes monthly deposits of 300 into an account that was empty), starting at the end of February. Her last payment into the account was done at the end of November (in the same calendar year). If the account has an interest rate of 12% compounded monthly, find the balance at the end of December (if no money was withdrawn or added after November's payment). QUESTION 3 8 points Save Answer For this annuity, payments of 250 are made every 3 months, and interest is 8% compounded quarterly (at the end of each quarter). The first payment of an annuity is at the end of March 2021, and the last payment is at the end of March 2025. Find the value of the annuity at the end of March 2021
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