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Find the future or compound value of a $250, five-year ordinary annuity at 8 percent annual interest if the payment at the end of year
Find the future or compound value of a $250, five-year ordinary annuity at 8 percent annual interest if the payment at the end of year 3 is omitted.
250 250 0 250 250
|____________|___________|__________|___________|__________|
t0 t3 t5
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