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I didn't understand why $500 is the PMT, Need help 8.Find the future value in 10 years of a $500 ordinary annuity assuming i =

I didn't understand why $500 is the PMT, Need help

8.Find the future value in 10 years of a $500 ordinary annuity assuming i = 7%.What is the future value if this is an annuity due?

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