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Determine the future value of the annuity due: 5 Periodic Payment Interval Nominal on Payment ($) 1250 Term Rate(%) Compounding Frequency Annually 12 months 15

Determine the future value of the annuity due: 5 Periodic Payment Interval Nominal on Payment ($) 1250 Term Rate(%) Compounding Frequency Annually 12 months 15 years 5.25 Select one: O a. 24600 O b. 22222 O c. 28929 O d. none of them e. 28480

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