Question: Please show all your work. For each question- Draw the time line, write the formula and show what you plugged into the excel formula to
Please show all your work. For each question- Draw the time line, write the formula and show what you plugged into the excel formula to get the answer.
g. Future value of an annuity of 10 payments of $1,000 each, starting today at t=1 and ending at t=10 when the interest rate is 10% per year and the future value is computed for t=10.
h. Future value of an annuity of 10 payments of $1,000 each, starting today at t=0 and ending at t=9 when the interest rate is 10% per year and the future value is computed for t=10.
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