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Calculate the total value of the annuity due at the end

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Question 1: Susan Jenkins invested $9000 twice a year in an annuity due at New York Securities for a period of 5 years at an interest rate of 8% compounded semiannually. Using the ordinary annuity table, calculate the total value of the annuity due at the end of the 5-year period.

Reference no: EM132575582

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