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Suppose you have a choice of two equally risky annuities, each paying $1,000 per year for 20 years. One is an annuity due, while the

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Suppose you have a choice of two equally risky annuities, each paying $1,000 per year for 20 years. One is an annuity due, while the other is an ordinary annuity. Which annuity would you choose? the ordinary annuity the annuity due either one because the annuities have the same present value without information about the appropriate interest rate, we cannot tell which annuity is better Click if you would like to Show Work for this question: Open Show Work The future value of an annuity of $1,000 each quarter for 10 years, deposited at 12 percent compounded quarterly is e $17,549 $75,401 $93,049 $11,200

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