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Future value: annuity versus annuity due a.What'sthefuturevalueofa5%,5-yearordinaryannuitythatpays$500eachyear?Roundyouranswertothenearestcent. b. If this was an annuity due, what would its future value be? Round your answer to the
Future value: annuity versus annuity due
- a.What'sthefuturevalueofa5%,5-yearordinaryannuitythatpays$500eachyear?Roundyouranswertothenearestcent.
- b. If this was an annuity due, what would its future value be? Round your answer to the nearest cent.
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Case Studies in Finance Managing for Corporate Value Creation
Authors: Robert F. Bruner, Kenneth Eades, Michael Schill
7th edition
007786171X, 77861711, 978-0077861711
