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4. Choose the best answer Calculate the future value of a 6 payment ordinary annuity of $ 500 if the interest rate is 2% Ordinary:

4. Choose the best answer

Calculate the future value of a 6 payment ordinary annuity of $ 500 if the interest rate is 2%

Ordinary:

1-6th year $ 500

Possible answers:

$ 3,517.14

$ 3,217.14

$ 3,717.14

$ 3,417.14

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