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What is the future value at the time of the final payment

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Reference no: EM132590978

Question 1: What is the future value at the time of the final payment of an annuity of 6 annual payments of $1,000 if the first cash flow occurs in one year's time? The rate is 8% p.a. Calculate your answer to the nearest dollar. Do not use the $ sign when you submit your answer.

Reference no: EM132590978

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