Question: Attempts: Keep the Highest: 2 4. Problem 5.06 5-7:Future Value of an Ordinary Annuity 5-8: Future Value of an Annuity Due Future value: annuity versus

Attempts: Keep the Highest: 2 4. Problem 5.06 5-7:Future Value of

Attempts: Keep the Highest: 2 4. Problem 5.06 5-7:Future Value of an Ordinary Annuity 5-8: Future Value of an Annuity Due Future value: annuity versus annuity due a. What's the future value of a 10%, 5-year ordinary annuity that pays $800 each year? Round your answer to the nearest cent. b. If this was an annuity due, what would its future value be? Round your answer to the nearest cent. Grade It Now Save & Continue Continue without saving

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