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Future value: annuity versus annuity due What's the future value of a 8%, 5-year ordinary annuity that pays $700 each year? Round your answer to
Future value: annuity versus annuity due
What's the future value of a 8%, 5-year ordinary annuity that pays $700 each year? Round your answer to the nearest cent.
$
If this was an annuity due, what would its future value be? Round your answer to the nearest cent.
$
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Financial Management For Nurse Managers And Executives
Authors: Cheryl Jones, Steven A. Finkler, Christine T. Kovner
4th Edition
