Question: 8. Choose the best answer Calculate the present the future value of a 6-payment due annuity of $ 500 if the interest rate is 2%

8. Choose the best answer

Calculate the present the future value of a 6-payment due annuity of $ 500 if the interest rate is 2%

Due 1st- 6th year $ 500

Possible Answers

$ 3,354.06

$ 3,854.06

$ 3,454.06

$ 3,154.06

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