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Please specify which numbers go into the financial calculator under FV, PV, PMT, N, and I/Y? F. (1) What is the future value of a
Please specify which numbers go into the financial calculator under FV, PV, PMT, N, and I/Y?
F. (1) What is the future value of a 3-year, $300 ordinary annuity if the annual interest rate is 4%? Please draw the time line and list the inputs of your financial calculator. (3 points) ANSWER: F. What is its present value? Please draw the time line and list the inputs of your financial calculator. (3 points) ANSWER: F. (3) What would the future and present values be if it was an annuity due? Please draw the time line and list the inputs of your financial calculator. (6 points)Step by Step Solution
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