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Calculating Annuities Due Suppose you are going to receive $16,250 per year for five years. The appropriate interest rate is 7.5 percent. a. What is

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Calculating Annuities Due Suppose you are going to receive $16,250 per year for five years. The appropriate interest rate is 7.5 percent. a. What is the pre 49. sent value of the payments if they are in the form of an ordinary annuity? What is the present value if the payments are an annuity due? Suppose you plan to invest the payments for five years. What is the future value if the b. yents are an ordinary annuity? What if the payments are an annuity due? c. Wisich has the highest present value, the ordinary annuity or annuity due? Which has , Gutsure oe2 Will this alwavs be true

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