Solution-Accumulated sum of the stream of payments

Accumulated sum of the stream of payments

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What is the accumulated sum of the following stream of payments?

$2,275 every year at the end of the year for 13 years at 6.23 percent, compounded annually.

Round the answer to two decimal places.

Reference no: EM132630568

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Accumulated sum of the stream of payments

Reference no: EM132630568

Reference no: EM132630568

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