What is the future value of same annuity due

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Reference no: EM131353267

Future Value of an Annuity Due: If the future value of an ordinary, 7-year annuity is $7,400 and interest rates are 6 percent, what's the future value of the same annuity due?

A) $6,981.13

B) $7,918

C) $7,844.01

D) $7,400

Reference no: EM131353267

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