Question: Find the future value and the present value for the following annuity due 1 year Periodic Payment Term Interest Rate Conversion Payment Interval Period $1,600

Find the future value and the present value for the following annuity due 1 year Periodic Payment Term Interest Rate Conversion Payment Interval Period $1,600 5 years 7.6% annually The future value of the annuity due $ (Round the final answer to the nearest cent as needed. Round all intermediate values to six decimal places as needed.)

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