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Alculate the total value of the annuity due

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Reference no: EM132602251

Barbara Brooks invested $500 twice a year in an annuity due at Southern Trust Company for a period of 6 years at an interest rate of 6% compounded semiannually.

Using the ordinary annuity table, calculate the total value of the annuity due at the end of the 6-year period.

Reference no: EM132602251

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