Question: Find the future value and the present value for the following annuity due. Periodic Payment: $2400 Payment Interval 1 year Term 5 years Interest Rate
Find the future value and the present value for the following annuity due.
Periodic Payment: $2400
Payment
Interval
1 year
Term
5 years
Interest Rate
9.8%
Find the future value and the present value for the following annuity due. 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
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