Determine the future value of the annuity
Problem:
Assume you have planning ti invest $5,000 each year for six years and will earn 10 percent per year. Determine the future value of this annuity if your year $5,000 is invested at the end of the first year.
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Determine the future value of this annuity if your year $5,000 is invested at the end of the first year.
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