Find the future values of these ordinary annuities. Compounding occurs once a year. Round your answers...
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Find the future values of these ordinary annuities. Compounding occurs once a year. Round your answers to the nearest cent. a. $800 per year for 14 years at 4%. b. $400 per year for 7 years at 2%. c. $800 per year for 16 years at 0%. Rework previous parts assuming that they are annuities due. Round your answers to the nearest cent. d. $800 per year for 14 years at 4%. $ e. $400 per year for 7 years at 2%. $ f. $800 per year for 16 years at 0%. Find the future values of these ordinary annuities. Compounding occurs once a year. Round your answers to the nearest cent. a. $800 per year for 14 years at 4%. b. $400 per year for 7 years at 2%. c. $800 per year for 16 years at 0%. Rework previous parts assuming that they are annuities due. Round your answers to the nearest cent. d. $800 per year for 14 years at 4%. $ e. $400 per year for 7 years at 2%. $ f. $800 per year for 16 years at 0%.
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Lets calculate the future values of these ordinary annuities first assuming compounding occurs o... View the full answer
Related Book For
Income Tax Fundamentals 2013
ISBN: 9781285586618
31st Edition
Authors: Gerald E. Whittenburg, Martha Altus Buller, Steven L Gill
Posted Date:
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