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

11. Choose the best answer

Calculate the future value of a 5-payment due annuity of 1,000 if the interest rate is 5%

Due: 1st- 5th 1000

Possible Answers:

$ 9,525.63

$ 7,525.63

$ 5,525.63

$ 6,525.63

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