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Homework #3A (FV and PV of annuity due annually)
Homework #3A (FV and PV of annuity due annually)
Finance 330
Question 1
What is the accumlated Sum of the following stream of payments? $11,753 every year at the beginning of the year for 13 years, at 5.88 percent, compounded annually. Round the answer to two decimal places.