Question: Problem 2-25 (LG 2-9) Calculate the future value of the following annulty streams: a. $5,000 received each year for four years on the last day
Problem 2-25 (LG 2-9) Calculate the future value of the following annulty streams: a. $5,000 received each year for four years on the last day of each year if your investments pay 5 percent compounded annually. b. $5,000 received each quarter for four years on the last day of each quarter if your investments pay 5 percent compounded quarterly c. $5,000 received each year for four years on the first day of each year if your investments pay 5 percent compounded annually d. $5,000 received each quarter for four years on the first day of each quarter if your investments pay 5 percent compounded quarterly (For all requirements, do not round intermediate calculations. Round your answers to 2 decimal places. (...32.16) Amount Future value b. Future value c. Future value d. Future value
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