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g. How would the W and FV of the above annuity change if it were an annuity due rather than an ordinary annuity? For the

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g. How would the W and FV of the above annuity change if it were an annuity due rather than an ordinary annuity? For the W, each payment would be received one period sooner, hence would be discounted back one less year. This would make the PV larger. We can nd the W of the annuityr due by nding the W of an ordinary annuity and then n'mltiplying it by {1 + I). P'J annuityr due = K ExactlyT the same adjustment is made to nd the PI! of the annuity due. F'J annuity due = x

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