Find the future value of the annuity due

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What if your friend Anne is planning to invest $400 each year for four years and will earn a rate of 6 percent per year.

Problem a. determine the future value of the annuity due if her first $400 is invest now. please show the work

Problem b. what is the difference between an annuity due and an ordinary annuity? explain

Reference no: EM132856729

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