How much interest is included in the future value of an ordinary simple annuity of $1500 paid every six months at 7% compounded semi-annually if the term of the annuity is fifteen years?

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asked Nov 5, 2022 220k views

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How much interest is included in the future value of an ordinary simple annuity of $1500 paid every six months at 7% compounded semi-annually if the term of the annuity is fifteen years?

Mathematics
high-school

Daronwolff asked

by Daronwolff

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1 Answer

6 votes

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Divyesh Rupawala answered Nov 11, 2022

by Divyesh Rupawala

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