For the following annuity due, determine the unknown value represented by the question mark Future Value FV(due) Periodic Payment PMT ? $2600 Payment Interval 1 year (Round needed.) Term 6 years Nominal Rate of Interest. 11% ETTE Conversion Period quarterly The future value is S the final answer to the nearest cent as needed. Round all intermediate values to six decimal places as

Q: Write an overview of the development of IFRS. ATLEAST GIVE 10 SENTENCES

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A: Future value represents the expected value of the present series of annuity cash flows or expected…

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A: Future value = Present value*(1+interest rate)^n Present value = Future value/(1+interest rate)^n

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