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Which of the following is worth more? a) Future value of an ordinary annuity of PMT dollars per year for n years discounted at i
Which of the following is worth more?
a) Future value of an ordinary annuity of PMT dollars per year for n years discounted at i percent
b) Future value of an annuity due of PMT dollar per year for n years discounted at i percent
c) Both are worth the same amount
d) Cannot be determined from the information given
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