Question: Problem 3 /15 For this problem, no justification is required and no partial credit will be given. Consider an annual effective interest rate of 6%.

Problem 3 /15 For this problem, no justification is required and no partial credit will be given. Consider an annual effective interest rate of 6%. Give the following values. Round all responses as SX.xx. a.) The accumulated value of an annuity-immediate with 10 payments of $20. b.) The present value of an annuity-due with 20 payments of $10. SAMPLE c.) The payment size for a loan of $200 repaid in 20 equal annual payments, with the first payment due 2 years after the loan is initiated

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