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D 15. You, as an individual investor, want to have an equal return of $600 each year for four years with an interest rate of

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D 15. You, as an individual investor, want to have an equal return of $600 each year for four years with an interest rate of 6.00% compounded annually. You are offered two investment options to invest and you wish to compare these two different investment options which are designed as annuity contracts as; ordinary annuity and annuity due. What is the dollar difference between ordinary annuity and annuity due contracts? $124.75 $144.60 $2,203.81 $2,079.06

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