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Problem 5-30 Future and Present Value of an Annuity Due (LG5-6) If you start making $115 monthly contributions today and continue them for four years,

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Problem 5-30 Future and Present Value of an Annuity Due (LG5-6) If you start making $115 monthly contributions today and continue them for four years, what is their future value if the compounding rate is 13.00 percent APR? (Do not round intermediate calculations and round your final answer to 2 decimal places.) Future value annuity7,189.80 What is the present value of this annuity? (Do not round intermediate calculations and round your final a decimal places.) nswer to 2 Present value annuity

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