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To find the future value of an annuity due you multiply the

Question: To find the future value of an annuity due, you multiply the future value of an ordinary annuity by the sum of 1 + the period interest rate. Explain why this is the same as adding the simple interest earned on the first payment for the entire length of the annuity.

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Mathematics: To find the future value of an annuity due you multiply the

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Mathematics: To find the future value of an annuity due you multiply the

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