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12.) Consider the future value of an ordinary annuity and an annuity due. a.) Define each and explain the difference between these two types of
12.) Consider the future value of an ordinary annuity and an annuity due. a.) Define each and explain the difference between these two types of annuities. (Hint: Begin by defining each. Then explain the difference. Use complete sentences.) b.) Which of these plans will produce a greater value at the end of the total time period for the annuity? Why is this so? (Use complete sentences to answer.) Show work
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