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) Find the FV of $100 after 5 years with 10% nominal rate compounded semiannually.) Find the FV of a 5 year $100 ordinary annuity with 10% nominal...

1 a.) Find the FV of $100 after 5 years with 10% nominal rate compounded semiannually.


b.) Find the FV of a 5 year $100 ordinary annuity with 10% nominal rate compounded semiannually.

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a.) The FV of $100 after 5 years... View the full answer

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  • Sorry for the typo: ( / Should be * Multiply) So, (a) The FV of $100 after 5 years = $100/ (1.05) ^10 =$162.89. (b) Is correct.
    • bfacenjoro
    • May 05, 2018 at 3:57pm

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