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Pick one of the following and explain how it works through the lens of FV or PV of an annuity:Option 1: Building up a retirement
Pick one of the following and explain how it works through the lens of FV or PV of an annuity:Option 1: Building up a retirement account.Option 2: Paying off a loan through monthly payments.To help, I suggest a loose description of how it works, an explanation of how interest either increases or decreases the amount of money in the account, and what the end goal of both it (money gain or money lost)
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