Future and present value of annuity due

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Future and Present Value of an Annuity Due

If you start making $135 monthly contributions today and continue them for four years, what is their future value if the compounding rate is 11.75 percent APR? (Do not round intermediate calculations and round your final answer to 2 decimal places.)

Future value annuity $

What is the present value of this annuity? (Do not round intermediate calculations and round your final answer to 2 decimal places.)

Present value annuity

Reference no: EM131880917

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