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11. If the future value of an ordinary, 7-year annuity is $7,400 and interest rates are 8.5 percent, what is the future value of the
11. If the future value of an ordinary, 7-year annuity is $7,400 and interest rates are 8.5 percent, what is the future value of the same annuity due?
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Intermediate Financial Management
Authors: Eugene F. Brigham, Phillip R. Daves
8th Edition
0324258917, 9780324258912
