Question: Please please solve both. Thank you! Compute the future value of an annuity in which quarterly payments (4 each year) of $138 are made for
Please please solve both. Thank you!
Compute the future value of an annuity in which quarterly payments (4 each year) of $138 are made for 12 years at an annual rate of 2.7%.
Round your answer to the nearest dollar.
Compute the present value of an annuity in which hourly payments (8760 each year) of $0.51 are made for 4 years at an annual rate of 1.5%.
Round your answer to the nearest dollar.
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