Question: What is the difference in PVs between a 6-year annuity due of $1000 and a 6-year ordinary annuity of $1000 if r=6%? PV Ann Due

What is the difference in PVs between a 6-year annuity due of $1000 and a 6-year ordinary annuity of $1000 if r=6%?

PV Ann Due minus PV of Ord Ann = $ .

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