Find the PV of an ordinary annuity that pays $1,000 each of the next 6...
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Accounting
Find the PV of an ordinary annuity that pays $1,000 each of the next 6 years if the interest rate is 16%. Then find the FV of that same annuity. Round your answers to the nearest cent.
PV of ordinary annuity: $ fill in the blank 25 FV of ordinary annuity: $ fill in the blank 26
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