What is the ordinary annuity

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Reference no: EM131627676

Question: 1. Use the formula to find the future value of an ordinary annuity of $250 paid monthly at 4.62% for 25 years.

2. Use the formula to find the future value of an ordinary annuity of $30 paid weekly at 5.2% for 15 years.

Reference no: EM131627676

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