SOLUTION: What is the future value of a 5 year annuity due that promises to pay you $300 each year? Assume that all payments are reinvested at 7 prcent a year until year 5.

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Question 54693: What is the future value of a 5 year annuity due that promises to pay you $300 each year? Assume that all payments are reinvested at 7 prcent a year until year 5.
Answer by stanbon(75887) About Me  (Show Source):
You can put this solution on YOUR website!
This has been answered.
Cheers,
Stan H.