What is the accumulated sum of each of the following, Ask an Expert

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What is the accumulated sum of each of the following streams of payments?

A) $480 a year for 8 years compounded annually at 11 percent

B) $108 a year for 7 years compounded annually at 8 percent

C) $38 a year for 13 years compounded annually at 11 percent

D) $21 a year for 5 years compounded annually at 5 percent

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Financial Management, Finance

Category:- Financial Management
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