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Jim Scott invested $5000  four times a year in an annuity due at New York Securities for...

Jim Scott invested $5000  four times a year in an annuity due at New York Securities for a period of  4  years at an interest rate of  8%

compounded quarterly. Using the ordinary annuity table , calculate the total value of the annuity due at the end of the 4-year period.

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TOPIC:Annuity due, total value of the investment.

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