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(CHAPTERS 4-5-8-9) $2,000 cash flows are repeating annually for a few years. The interest rate is 8% annually. This is an annuity! There are four
(CHAPTERS 4-5-8-9) $2,000 cash flows are repeating annually for a few years. The interest rate is 8% annually. This is an annuity! There are four different ways its value can be calculated: 1. Future value of an ordinary annuity 2. Future value of an annuity due 3. Present value of an ordinary annuity 4. Present value of an annuity due From these four, the lowest one is [Select] and the highest one is [Select] $
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