Question: Bernard McGhee has decided to establish an annuity due of $2,500 annually for 15 years at 7.2% annual interest. How much is the annuity due

Bernard McGhee has decided to establish an annuity due of $2,500 annually for 15 years at 7.2% annual interest. How much is the annuity due worth after two years? How much was invested? How much interest was earned?

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