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 the

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. a. $1,000 per year for 16 years at 14%. b. $500 per year for 8 years at 7%. C. $300 per year for 8 years at 0%. Rework previous parts assuming that they are annuities due. Round your answers to the nearest cent. d. $1,000 per year for 16 years at 14%. e. $500 per year for 8 years at 7%. f. $300 per year for 8 years at 0%
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