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.

$800 per year for 4 years at 14%.

$

$400 per year for 2 years at 7%.

$

$1,000 per year for 14 years at 0%.

$

Rework previous parts assuming that they are annuities due. Round your answers to the nearest cent.

$800 per year for 4 years at 14%.

$

$400 per year for 2 years at 7%.

$

$1,000 per year for 14 years at 0%.

$

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