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2.What is the FV of an annuity payment of US$30,000.00 whose payment is broken up into equal monthly payments, and which persists for 25 years
2.What is the FV of an annuity payment of US$30,000.00 whose payment is broken up into equal monthly payments, and which persists for 25 years if the appropriate compound rate is 0.75 per month%? Suppose the US$30,000 is an Annuity Due, what then would be its FV?
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