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Problem 5-6 Future value: annuity versus annuity due a. what's the future value of a 4%, 5-year ordinary annuity that pays $400 each year? Round

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Problem 5-6 Future value: annuity versus annuity due a. what's the future value of a 4%, 5-year ordinary annuity that pays $400 each year? Round your answer to the nearest cent. b. If this was an annuity due, what would its future value be? Round your answer to the nearest cent

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