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Future value of an annuity
Find the future values of these ordinary annuities. Compounding occurs once a year. Round your answers to the nearest cent.
Rework previous parts assuming that they are annuities due. Round your answers to the nearest cent.
$200 per year for 4 years at 16%.
$
$100 per year for 2 years at 8%.
$400 per year for 4 years at 0%.
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Develop an insight into the pricing of financial instruments
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