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What's the future value of a 7%, 5-year ordinary annuity that pays $500 each year? If this was an annuity due, what would its future
What's the future value of a 7%, 5-year ordinary annuity that pays $500 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.
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