Question: 10. Problem 4-06 (Future Value: Ordinary Annuity versus Annuity Due) Future Value: Ordinary Annuity versus Annuity Due What is the future value of an 8%,5

10. Problem 4-06 (Future Value: Ordinary Annuity versus Annuity Due) Future Value: Ordinary Annuity versus Annuity Due What is the future value of an 8%,5 year ordinary annulty that pays $750 each year? Do not round intermediate calculations, Round your answer to the nearest cent. 5. If this were an annuity due, what would its future value be? Do not round intermediato calculations. Round your answer to the nearest cent. 5

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