Question: Question 1 (15 marks, 5 marks each) Calculate the future value of the following annuities. The first payment in these annuities is made at the

Question 1 (15 marks, 5 marks each) Calculate the future value

Question 1 (15 marks, 5 marks each) Calculate the future value of the following annuities. The first payment in these annuities is made at the end of year 1. That is, they are ordinary annuities. (1) $400 per year for 10 years at 10 percent. (2) $200 per year for 5 years at 5 percent. (3) $400 per year for 5 years at 0 percent

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