Question: Problem 5-14 Future value of an annuity Find the future values of these ordinary annuities . Compounding occurs once a year. Round your answers to
Problem 5-14 Future value of an annuity
Find the future values of these ordinary annuities. Compounding occurs once a year. Round your answers to the nearest cent.
$300 per year for 4 years at 12%.
$
$150 per year for 2 years at 6%.
$
$700 per year for 8 years at 0%.
$
Rework previous parts assuming that they are annuities due. Round your answers to the nearest cent.
$300 per year for 4 years at 12%.
$
$150 per year for 2 years at 6%.
$
$700 per year for 8 years at 0%.
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