7. What is the future value of an ordinary annuity of $1,000 per year for seven years...

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7. What is the future value of an ordinary annuity of $1,000 per year for seven years compounded at 10 percent? What would be the future value if it were an annuity due?

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Financial Management Principles And Applications

ISBN: 9780131450653

10th Edition

Authors: Arthur J. Keown, J. William Petty, John D. Martin, Jr. Scott, David F.

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Question Posted: Jul 24, 2024 08:04 AM

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6. What is the present value of an ordinary annuity of $1 ,000 per year for seven years discounted back to the present at 10 percent? What would be the present value if it were an annuity due?
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7. What is the future value of an ordinary annuity of $1,000 per year for seven years...

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Financial Management Principles And Applications

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