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You have received a $2000 ordinary annuity for 5 years that earns a 10% rate of return. (a) Draw a timeline to show the cash
You have received a $2000 ordinary annuity for 5 years that earns a 10% rate of return. (a) Draw a timeline to show the cash flows, then answer part (b). (b) What is the amount of interest income you make when the annuity is withdrawn in year 5?
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