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10. For an annuity due of $1500 per year for 10 years, which of the following interest rates will result in the largest present value?

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10. For an annuity due of $1500 per year for 10 years, which of the following interest rates will result in the largest present value? a. 2.00%, compounded continuously. b. 2.05%, compounded daily ( 365 days per year). c. 2.10%, compounded monthly. d. 2.15%, compounded quarterly. e. 2.20%, compounded semiannually. f. 2.25%, compounded annually. 11. For an annuity due of $1500 per year for 10 years, which of the following interest rates will result in the largest future value? a. 2.00%, compounded continuously. b. 2.05%, compounded daily ( 365 days per year). c. 2.10%, compounded monthly. d. 2.15%, compounded quarterly. e. 2.20%, compounded semiannually. f. 2.25%, compounded annually

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