Question: See picture below Future Value: Ordinary Annuity versus Annuity Due What is the future value of a 7%, 5year ordinary annuity that pays $700 each

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Future Value: Ordinary Annuity versus Annuity Due What is the future value of a 7%, 5year ordinary annuity that pays $700 each year? Do not round intermediate calculations. Round your answer to the nearest cent. $ if this were an annuity due, what would its future value be? Do not round intermediate calculations. Round your answer to the nearest cent. $

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