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The Excel function, FV , can be used to calculate the future value of an annuity. Which of the following Excel expressions would result in

The Excel function, FV

,

can be used to calculate the future value of an annuity. Which of the following Excel expressions would result in the correct calculation of the future value of an annuity with monthly payments of R

9 000

7 %

per annum if payments are made at the beginning of each month for ten years?

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