Question: Problem 5-8 Calculating Annuity Values [LO 1] For each of the following annuities, calculate the future value.(Enter rounded answers as directed, but do not use

Problem 5-8 Calculating Annuity Values [LO 1]

For each of the following annuities, calculate the future value.(Enter rounded answers as directed, but do not use rounded numbers in intermediate calculations. Round your answers to 2 decimal places (e.g., 32.16).)

Future Value Annual Payment Interest Rate Years
$ $ 1,640 7 % 10
$ 7,420 8 33
$ 3,920 5 9
$ 8,650 9 32

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