ACC 421 week 5 DQ 1 - 1738

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 When might we use present value calculations? When might we use future value calculations? Which is more likely to be used in accounting? Why? What is the difference between an annuity due and an ordinary annuity?  Would you prefer an annuity due or an ordinary annuity and why?

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We would use present value calculations to determine what amount of money needs to be invested now to reach a future sum. When business needs a specific amount in the f