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6. What's the future value of a 11%, 5-year ordinary annuity that pays $100 each year? Round your answer to the nearest cent. $ If
6.
- What's the future value of a 11%, 5-year ordinary annuity that pays $100 each year? Round your answer to the nearest cent.
$
- If this was an annuity due, what would its future value be? Round your answer to the nearest cent.
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Fundamentals Of Financial Management
Authors: Eugene F. Brigham, Joel F. Houston
16th Edition
0357517571, 978-0357517574
