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Homework answers / question archive / B- In order to fund his son’s higher education, Abdullah decided to invest $1000 quarterly for 6 years in an ordinary annuity at 12%

B- In order to fund his son’s higher education, Abdullah decided to invest $1000 quarterly for 6 years in an ordinary annuity at 12%

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B- In order to fund his son’s higher education, Abdullah decided to invest $1000 quarterly for 6 years in an ordinary annuity at 12%. What is the total cash value of the annuity at end of year 6?   

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