Question
Which column in the below matrix represents the future value of an annuity due of $1 when interest rate is 5%? Period A B C
Which column in the below matrix represents the future value of an annuity due of $1 when interest rate is 5%?
Period A B C D E F
1 1.000 1.050 0.952 1.000 0.952 1.050
2 1.952 2.153 1.859 2.050 0.907 1.103
3 2.859 3.310 2.723 3.153 0.864 1.158
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Authors: John Biggs, Eric Villines
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