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Using the Table Approach, the Future Amount of an Annuity

Question 104

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

Correct Answer:

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