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A three year ordinary annuity with an interest rate of 7% has a future value of $550. If this series of payments is changed to

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A three year ordinary annuity with an interest rate of 7% has a future value of $550. If this series of payments is changed to an annuity due, then what would be the new future value? $625.00 $511.50 $588.50 $550.00

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