Question: Can you show me how to work this problem out. Your friend Anne is planning to invest $400 each year for four years and will

Can you show me how to work this problem out.

Your friend Anne is planning to invest $400 each year for four years and will earn a rate of 6 percent per year.

Determine the future value of this annuity due if her first $400 is invested now.

What is the difference between an annuity due and an ordinary annuity?

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