Whats the future value of a 12 5-year ordinary annuity that


What's the future value of a 12%, 5-year ordinary annuity that pays $700 each year? Round your answer to the nearest cent.

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If this was an annuity due, what would its future value be? Round your answer to the nearest cent.

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Financial Management: Whats the future value of a 12 5-year ordinary annuity that
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