Can you answer the following two questions?1.
What is the future value of a 5-year ordinary
annuity with annual payments of $ 679 , evaluated at a 8.19 percent interest
rate? Display your answer to the nearest $.01 and as a positive number.
Assume that you have a lump sum $ 168 that you
are investing for 4 years at a nominal rate of 12 %. What is the expected
Future Value? Display your answer to the nearest $.01 and as a positive number.
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