Twice a year for 6 years, Wendy Cortez invested $800 compounded semiannually at 12% interest. What is the value of this annuity due?

Financial Accounting Intro Concepts Meth/Uses
14th Edition
ISBN:9781285595047
Author:Weil
Publisher:Weil
ChapterA: Appendix - Time Value Of Cash Flows: Compound Interest Concepts And Applications
Section: Chapter Questions
Problem 13E
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Twice a year for 6 years, Wendy Cortez invested $800 compounded semiannually at 12% interest. What is the value of this annuity due?

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