The future value of an annuity due is computed as
A) C(1 + r) T
B) C{[(1 + r) T - 1] / r}
C) C{[(1 + r) T - 1] / (1 + r) }
D) C(1 + r) T - 1 / (1 + r)
E) C{[(1 + r) T - 1] / r}(1 + r)
Correct Answer:
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