Question: Back to Assignment Attempts 0 0 Keep the Highest 0/2 8. Problem 4-06 (Future Value: Ordinary Annuity versus Annuity Due) eBook Future Value: Ordinary

Back to Assignment Attempts 0 0 Keep the Highest 0/2 8. Problem 4-06 (Future Value: Ordinary Annuity versus Annuity Due) eBook Future Value: Ordinary Annuity versus Annuity Due What is the future value of a 12%, 5-year ordinary annuity that pays $400 each year? Do not round intermediate calculations. Round your answer to the nearest cent. $ If this were an annuity due, what would its future value be? Do not round intermediate calculations. Round your answer to the nearest cent. $ Grade it Now Save & Continue Continue without saving

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