Find the future value of the annuity using the given payment amount, interest rate, time, and compounding frequency.Semiannual payments of $7,500, i = 3.5%, compounded semiannually, t = 8 years

A. $127,383.37
B. $137,112.58
C. $565,684.01
D. $272,631.27


Answer: B

Mathematics

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A.
  

B.
  

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Mathematics