Question: Question 11 (5 points) Saved Suppose you receive a 4-year ordinary annuity of $1,000 per year and deposit the money in a savings account at

Question 11 (5 points) Saved Suppose you receive a 4-year ordinary annuity of $1,000 per year and deposit the money in a savings account at the end of each year. The account earns interest at a rate of 6 percent compounded annually. How much is this annuity worth to you today? Round to the nearest dollar. DO NOT USE A DOLLAR SIGN. 4637 A/ Question 12 (5 points) In the problem above, what is the value of an Annuity Due with the same terms? Round to the nearest dollar. DO NOT USE A DOLLAR SIGN

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