Future value annuity versus annuity due whats the future, Financial Management

Future value annuity versus annuity due whats the future

Future value: annuity versus annuity due What's the future value of a 6%, 5-year ordinary annuity that pays $400 each year? Round your answer to the nearest cent. $ If this was an annuity due, what would its future value be? Round your answer to the nearest cent. $

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