Hill Reed
03/22/2024 · Middle School

Find the future value of an annuity due of \( \$ 6,000 \) paid at the beginning of each 6 -month period for 7 years if the interest rate is \( 4 \% \), compounded semiannually. (Round your answer to the nearest cent.) \( \$ \) Need Help? Readit

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The future value of the annuity due is approximately \$106,749.10.

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