Question: I need this now please. 1) Calculate the future value of anannuity, with case A being an ordinary annuity and case B being an annuity

I need this now please.

1) Calculate the future value of anannuity, with case A being an ordinary annuity and case B being an annuity due.

Case Annuity Interest Deposite Future

Rate (%) Periods (Yrs) Value

_______________________________________________________________________

A 11,000 4 4 _________ Round to the nearest cents

B 1,000 10 8 ___________Round to the nearest cents

2) For each of the followingcases, calculate the present value of theannuity, assuming the annuity cash flows occur at the end of each year.

_________________________________________________________

Annuity Interest Rate (%) Period (Yrs) Present Value $

32,000 18 4 ___________Round to the nearest cents

17,000 4 14 _________________Round to the nearest cents

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Finance Questions!