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What would be the future value of $7,911 invested annually for nine years beginning one year from now if the annual interest rate is 10
What would be the future value of $7,911 invested annually for nine years beginning one year from now if the annual interest rate is 10 percent? (Round answer to 2 decimal places, e.g., 1,220.25.) Future value 107,427.24 Click if you would like to Show Work for this question: Open Show Work LINK TO TEXT LINK TO TEXT Attempts: 1 of 2 used (b) x Your answer is incorrect. Try again. What would be the present value of a $9,920 annuity for which the first payment will be made beginning one year from now, payments will last for 27 years, and the annual interest rate is 10 percent? (Round answer to 2 decimal places, e.g., 1,220.25.) Present value 91,633.22 Click if you would like to Show Work for this question: Open Show Work
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