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Using the Table Approach, the Future Amount of an Annuity

Question 17

Multiple Choice

Using the table approach, the future amount of an annuity due may be calculated by finding the table factor for the future amount of an ordinary annuity of


A) n + 1 rents and then subtract 1
B) n + 1 rents and then add 1
C) n - 1 rents and then add 1
D) n - 1 rents and then subtract 1

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