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Question 2 (1 point) Saved Concerning an ordinary annuity and an annuity due with the same payments (same number of payments and dollar amount) and
Question 2 (1 point) Saved Concerning an ordinary annuity and an annuity due with the same payments (same number of payments and dollar amount) and positive interest rate, which of the following statements is most accurate? The present value of the ordinary annuity is equal to an annuity due. The present value of the ordinary annuity is greater than an annuity due. The present value of the ordinary annuity is less than an annuity due. There is no relationship Question 3 (1 point) You want to buy a new house. The bank is willing to make you a 30-year loan at 8% compounded semiannually for 90% of the value of the house. The value of the house is $600,000. How much is your monthly payment? $2,240.56 $3,913.44 $3,987.33 $4,348.27
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