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Assume an annuity payment of $300, an annuity life of 10 years, and a required return of 8%. A. If the annuity is an ordinary
Assume an annuity payment of $300, an annuity life of 10 years, and a required return of 8%.
A. If the annuity is an ordinary annuity, what is the future value of the annuity?
B. If the annuity is an ordinary annuity, what is the present value of the annuity?
C. If the annuity is an annuity due, what is the future value of the annuity?
D. If the annuity is an annuity due, what is the present value of the annuity?
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