Question: Use Table 14 - 1 to complete the table below: Annuity payment L $1,900 Annual rate 8% 5% 7% 6% Annual interest YearsType of annuity

Use Table 14 - 1 to complete the table below:

Annuity payment L $1,900 Annual rate 8% 5% 7% 6% Annual interest YearsType of annuity Future value of annuity Total interest Ordinary Compounded quarterly Compounded annually Compounded annually Compounded semiannually 0 Ordinary 2 $5,000 3 $2,150 Annuity due Annuity due $600 5

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