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(1) What is the future value of a 3-year ordinary annuity of $100 if the appropriate interest rate is 10 percent? (2) What is the

(1) What is the future value of a 3-year ordinary annuity of $100 if the appropriate interest rate is 10 percent?

(2) What is the present value of the annuity?

(3) What would the future and present values be if the annuity were an annuity due?

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