Question: Future value of an annuity a. Find the future values of these ordinary annuities . Compounding occurs once a year. Round your answers to the

Future value of an annuity

a. Find the future values of these ordinary annuities. Compounding occurs once a year. Round your answers to the nearest cent.

  1. $700peryearfor4yearsat12%.
  2. $350peryearfor2yearsat6%.
  3. $300peryearfor2yearsat0%.
  4. b. Reworkpreviouspartsassumingthattheyareannuitiesdue.Roundyouranswerstothenearestcent.
  5. $700peryearfor4yearsat12%.
  6. $350peryearfor2yearsat6%.
  7. $300 per year for 2 years at 0%.

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