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For each of the following annuities, calculate the future value. (Do not round intermediate calculations and round your answers to 2 decimal places, e.g., 32.16.)
For each of the following annuities, calculate the future value. (Do not round intermediate calculations and round your answers to 2 decimal places, e.g., 32.16.)
| Future Value | Annual Payment | Years | Interest Rate | |||||||||||
| $ | $ | 1,580 | 10 | 5 | % | |||||||||
| 6,980 | 39 | 6 | ||||||||||||
| 3,780 | 9 | 3 | ||||||||||||
| 8,490 | 34 | 7 | ||||||||||||
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Behavioral Finance
Authors: Edwin Burton, Sunit N. Shah
1st Edition
111830019X, 978-1118300190
