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Ordinary annuities: Tom makes a saving plan with $1000 annual deposit at the end each year. Suppose the deposit rate is 5 percent annually, what's

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Ordinary annuities: Tom makes a saving plan with $1000 annual deposit at the end each year. Suppose the deposit rate is 5 percent annually, what's the future value at the end of year five? Correct Answer: Enter relevant data for calculate. N=5, 1/Y=5, PMT=-1000, PV=O, CPT: FV=5525.63 What if it is an annuity due

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