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Suppose you are going to recieve $13,500 per year for five years. The appropriate inerest rate is 8.4 percent. Suppose you plan to invest the

Suppose you are going to recieve $13,500 per year for five years. The appropriate inerest rate is 8.4 percent.

Suppose you plan to invest the payments for five years. What is the future value if the payments are an ordinary annuity and what if the payments are an annuity due?

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