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Compute the future values of the following annuities first assuming that payments are made on the last day of the period and then assuming payments
Compute the future values of the following annuities first assuming that payments are made on the last day of the period and then assuming payments are made on the first day of the period: (Do not round intermediate calculations. Round your answers to 2 decimal places. (e.g., 32.16)) Payment Years Future Value (Payment made on last day of period) Future Value (Payment made on first day of period) $ 193 5,255 75,184 168,032 Interest Rate (Annual) 15 13 % 10 11 713 1 114 1
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