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#2 If $329.00$329.00 is deposited at the end of each year for 6 years into an ordinary annuity earning 5.86%5.86% intere
Posted: Mon Apr 11, 2022 6:00 am
by answerhappygod
- 2 If 329 00 329 00 Is Deposited At The End Of Each Year For 6 Years Into An Ordinary Annuity Earning 5 86 5 86 Intere 1 (28.9 KiB) Viewed 32 times
#2 If $329.00$329.00 is deposited at the end of each year for 6 years into an ordinary annuity earning 5.86%5.86% interest compounded semiannually, construct a balance sheet showing the interest eained during each year and the balance at the end of each year. Assume this annuity rounds the interest and balance to the nearest penny at the end of each year. Year Payment Interest Balance 1 2 3 4 5 Windows