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(a) Your answer is correct. What would be the future value of $7,732 invested annually for nine years beginning one year from now if the
(a) Your answer is correct. What would be the future value of $7,732 invested annually for nine years beginning one year from now if the annual interest rate is 20 percent? (Round answer to 2 decimal places, e.g., 1,220.25.) Future value 160817.12 Click if you would like to Show Work for this question: Open Show Work LINK TO TEXT LINK TO TEXT Attempts: 1 of 2 used (b) x Your answer is incorrect. Try again. What would be the present value of a $9,882 annuity for which the first payment will be made beginning one year from now, payments will last for 27 years, and the annual interest rate is 10 percent? (Round answer to 2 decimal places, e.g., 1,220.25.) Present value 26681.4 Click if you would like to Show Work for this question: Open Show Work
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