Present and future value tables of $1 at 9% are presented below. PV of $1 FV...

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Present and future value tables of $1 at 9% are presented below. PV of $1 FV of $1 PVA of $1 FVAD of $1 FVA of $1 1 0.91743 1

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Answer 1

Answer #1

The correct answer is:

6300*9.2004 = $57962.52

Notes

To solve this question, we need to calculate future value of annuity of $6300 for 7 years at the rate of 9%

Please comment in case of any issue and I will be happy to help.

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Answer 2

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