Find the annual payments for an ordinary annuity and an annuity due for 10 years...
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Accounting
Find the annual payments for an ordinary annuity and an annuity due for 10 years with a PV of $1,000 and an interest rate of 9%. Round your answers to the nearest cent.
Annual payment for ordinary annuity: $ fill in the blank 31
Annual payment for annuity due: $ fill in the blank 32 j.
Find the PV and the FV of an investment that makes the following end-of-year payments. The interest rate is 9%.
Year Payment
1 $200
2 $400
3 $600
Round your answers to the nearest cent.
PV of investment: $ fill in the blank 33
FV of investment: $ fill in the blank 34
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