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The relationship between an ordinary annuity and an annuity due. Compare the present value of a $6,000 ordinary annuity at 10 percent interest for ten

The relationship between an ordinary annuity and an annuity due.

Compare the present value of a $6,000 ordinary annuity at 10 percent interest for ten years with the present value of a $6,000 annuity due at 10 percent interest for eleven years. Explain the difference.

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