Find the future values of these ordinary annuities . Compounding occurs once a year. Do not round
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Question:
Find thefuture valuesof theseordinary annuities. Compounding occurs once a year. Do not round intermediate calculations. Round your answers to the nearest cent.
- $200 per year for 12 years at 14%.
- $
- $100 per year for 6 years at 7%.
- $
- $600 per year for 4 years at 0%.
- $
- Rework parts a, b, and c assuming they areannuities due.
- Future value of $200 per year for 12 years at 14%:$
- Future value of $100 per year for 6 years at 7%:$
- Future value of $600 per year for 4 years at 0%:$
Related Book For
Fundamentals of Financial Management
ISBN: 978-0324664553
Concise 6th Edition
Authors: Eugene F. Brigham, Joel F. Houston
Posted Date: