Payments of $1500 will be made at the end of every quarter for 13½ years. Using a nominal rate of 7.5% compounded semiannually, calculate the annuity's:
a. Present value.
b. Future value.

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The Answer of Payments of $1500 will be made at the end of every quarter for 13½ years. Using a nominal rate of 7.5% compounded semiannually, calculate the annuity's:
a. Present value.
b. Future value.

Payments of $1500 Will Be Made at the End of Every