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(Compound annuity) What is the accumulated sum of each of the following streams of payments?

a. $480 a year for 8 years compounded annually at 10 percent

b. $112 a year for 8 years compounded annually at 9 percent

c. $34 a year for 11 years compounded annually at 11 percent

d. $26 a year for 5 years compounded annually at 6 percent

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Financial Management, Finance

Category:- Financial Management
Reference No.:- M91269011

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