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(11) For the following questions, assume an annual annuity of R5000 and a required rate of 15% (a) What is the future value of an

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(11) For the following questions, assume an annual annuity of R5000 and a required rate of 15% (a) What is the future value of an ordinary annuity for 15 years? (5 marks) (b) What is the future value of a 15-year annuity due

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