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Find the future value of an annuity due with an annual payment of $11,000 for three years at 44% annual interest using the simple interest
Find the future value of an annuity due with an annual payment of
$11,000
for three years at
44%
annual interest using the simple interest formula. How much was invested? How much interest was earned?
What is the future value of the annuity? Please write answers in bold for each of these questions so its not as confusing when locating the answers.
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