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Find the future value of an annuity due with an annual payment of $10,000 for three years at 5% annual interest using the simple interest
Find the future value of an annuity due with an annual payment of $10,000 for three years at 5% annual interest using the simple interest formula. How much was invested? How much interest was earned? What is the future value of the annuity? (Round to the nearest cent as needed.) How much was invested? How much interest was earned? (Round to the nearest cent as needed.)
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