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Define briefly what is the annuity

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Reference no: EM131627779

Question: 1. Manually find the future value of an ordinary annuity of $9,000 per year for two years at 3.25% annual interest.

2. Manually find the future value of an annuity due of $2,700 per year for three years at 4.5% annual interest.

Reference no: EM131627779

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