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Question 1.Based on the following current interest rates offered by the bank A and Bank B , calculate the future value of an annuity of

Question 1.Based on the following current interest rates offered by the bank A and Bank B , calculate the future value of an annuity of $100,000 made at the beginning of every year for 10 years using excel method. [Shows the formula]

Bank A - 2.50% p.a

Bank B - 2.35% p.a

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