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What's the future value of a 5 % , 5 - year ordinary annuity that pays $ 4 0 0 each year? If this was

What's the future value of a

5 %, 5 -

year ordinary annuity that pays $

400

each year? If this was an annuity due, what would its future value be

?

Do not round intermediate calculations. Round your answers to the nearest cent.

Future Value of an Ordinary Annuity: $

Future Value of an Annuity Due: $

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