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Find the PV and FV of a 10-year, $100 annuity due with 5% interest rate. Highlight the final results. 5% 10 100.00 PMT PV FV

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Find the PV and FV of a 10-year, $100 annuity due with 5% interest rate. Highlight the final results. 5% 10 100.00 PMT PV FV a. Step-by-Step Approach Find the FV and PV of each cash flow and sum them up. Year CF FV PV 4 10 Sum 2. Excel Function Approach Use the PV and FV functions. PVA = FVA =

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