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Home > Money & Services > Retirement   »   another annuity

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Old May 8, 2007, 07:33 AM
1busymaniam
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another annuity
Help . What is the future value of a 5 year annuity due that promises to pay you $300 each year ? Assume that all payments are reinvested at 7% a year , until year 5 .
Thanks again in advance ........

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