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Jamie wants to know how much will be in his savings account in five years if he deposits $1,000 today, and at the beginning of
Jamie wants to know how much will be in his savings account in five years if he deposits $1,000 today, and at the beginning of each of the next five years and the savings account pays interest of 3% compounded annually. He should use a table for the
A.Present Value of an Annuity Due of $1
B.Present Value of an Ordinary Annuity of $1
C.Future Value of an Annuity Due of $1
D.Future Value of an Ordinary Annuity of $1
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