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10. Choose the best answer Calculate the future value of a 5-payment due annuity of 50,000 if the interest rate is 3%. Due: 1st-5th year

10. Choose the best answer

Calculate the future value of a 5-payment due annuity of 50,000 if the interest rate is 3%.

Due: 1st-5th year 50000

Possible Answers:

$ 266,456.79

$ 265,456.79

$ 268,456.79

$ 267,456.79

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