Question: (Please use a math, finance equation and/ or formula. DONT USE A SHEET CHART, EXCEL, OR GRAPH) Find the future values of these ordinary annuities.
(Please use a math, finance equation and/ or formula. DONT USE A SHEET CHART, EXCEL, OR GRAPH)
Find the future values of these ordinary annuities. Compounding occurs once a year.
a. $500 per year for 12 years at 8%
b. $250 per year for 4 years at 7%
c. $700 per year for 4 years at 0%
d. Rework parts a, b, and c assuming they are annuities due
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