Find the total amount invested

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Reference no: EM131627698

Question: Use the simple interest formula method

1. Find the future value of an annuity due of $7,800 annually for two years at 8.1% annual interest. Find the total amount invested. Find the interest.

2. Find the future value of an annuity due of $400 annually for two years at 6.8% annual interest compounded annually.

Reference no: EM131627698

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