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a . Calculate the present value of the annuity, assuming that it is An ordinary annuity. An annuity due. b . Compare your findings in
a Calculate the present value of the annuity, assuming that it is
An ordinary annuity.
An annuity due.
b Compare your findings in parts and All else being
identical, which type of annuityordinary or annuity dueis
preferable? Explain why.
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