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please solve these sir Q-4: Jimi Kirk wishes to select the better of two 10-year annuities, C and D. Annuity C is an ordinary annuity
please solve these sir
Q-4: Jimi Kirk wishes to select the better of two 10-year annuities, C and D. Annuity C is an ordinary annuity of $2,500 per year for 10 years. Annuity D is an annuity due of $2,200 per year for 10 years. 6 a. Find the future value of both annuities at the end of year 10 assuming that Marian can earn 15% annual interest b. Use your findings in part a to indicate which annuity has the greater future value at the end of year 10 for 15% interest rateStep by Step Solution
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