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24. The present value of an ordinary annuity is $2,000. The annuity features monthly payments from an account that pays 12% APR (with monthly compounding).

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24. The present value of an ordinary annuity is $2,000. The annuity features monthly payments from an account that pays 12% APR (with monthly compounding). If this was an annuity due, what would be the present value? (assume that same interest rate and same payments) a $1,785.71 b. $1,980.20 c. $2,020.00 d. $2,080.00

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