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Calculate the future value of an ordinary annuity of $500 paid monthly for 15 years, assuming an annual earnings rate of 12%. What are the

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Calculate the future value of an ordinary annuity of $500 paid monthly for 15 years, assuming an annual earnings rate of 12%. What are the time periods? What is the annual interest / discount rate? What is the payment amount? What is the Future Value? What is the Present Value? Round all answers to the nearest dollar. Please make sure to include the proper sign and use commas. Ex: Your answer should be 10,000 not 10000.25

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