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Compute the present values of the following ordinary annuities. Calculate to the penny. Do not round. Payment Years Interest rate Present value $ 678.09 6
Compute the present values of the following ordinary annuities. Calculate to the penny. Do not round.
Payment Years Interest rate Present value
$ 678.09 6 13% Answer:
$ 7,968.26 13 10.5% Answer:
Compute the future values of the following ordinary annuities. Calculate to the penny. Do not round.
Payment Years Interest rate Future value
$ 74,484 5 12% Answer:
$167,332 10 1% Answer:
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