Question: Use excel to get this answer Question 4 The future value of a $500 annuity due received for three years is $. 10%. assuming an
Use excel to get this answer
Question 4 The future value of a $500 annuity due received for three years is $. 10%. assuming an investment rate of Not complete Marked out of 1.00 Select one: a $665.50 Flag question b. $1820.50 C. $1655 d. $335.65 Check Question 5 Not complete An annuity contract will pay you $4000 a year (end of year) for the next three years. Or, you can choose to receive a lump sum of $12,610 at the end of the third year. Assuming that you can earn 8% on investments
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