Question: What would the future and present values be if the annuity were an annuity due? Assume that you are nearing graduation and have applied for
What would the future and present values be if the annuity were an annuity due?
Assume that you are nearing graduation and have applied for a job with a local bank. As part of the bank’s evaluation process, you have been asked to take an examination that covers several financial analysis techniques. The first section of the test addresses discounted cash flow analysis. See how you would do by answering the following questions.

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If the annuity were an annuity due each payment would be shifted to the left so each payment is comp... View full answer
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