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Question 6 (1 point) A 6%, 5-year annuity pays $400.00 each year. What is the future value of the annuity? nswer to the nearest cent.

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Question 6 (1 point) A 6%, 5-year annuity pays $400.00 each year. What is the future value of the annuity? nswer to the nearest cent. i.e. one thousand dollars would be entered 1000.00) Your Answer: Answer Save Question 7 (1 point) A 8.5%, 8-year ordinary annuity pays $250.00 each year, what is the future value of the annuity? Answer to the nearest cent. Le. one thousand dollars would be entered 1000.00

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