Find the future values of these ordinary annuities. Compounding occurs once a year. Do not round intermediate calculations. Round your answers to the nearest cent.

$1000 per year for 14 years at 16%.

$450 per year for 5 years at 4%. 

$1,000 per year for 5 years at 0%. 

Rework parts a, b, and c assuming they are annuities due.

Future value of $1000 per year for 14 years at 16%:

Future value of $450 per year for 5 years at 4%: 

Future value of $1,000 per year for 5 years at 0%:

Answer rating: 100% (QA)

a PMT111rnr 100011101614016 4366875 b PMT1... View the full answer