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F.) 1. What is the future value of a 3-year, $100 ordinary annuity if the annual interest rate is 4%? 2. What is its present
F.) 1. What is the future value of a 3-year, $100 ordinary annuity if the annual interest rate is 4%?
2. What is its present value?
3. What would the future and present values be if it was an annuity due?
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Entrepreneurial Finance
Authors: Gary E. Gibbons, Robert D. Hisrich, Carlos Marques DaSilva
1st Edition
1452274177, 978-1452274171
