Question: Use Table 14 - 1 to find the future value and total interest of the annuities. See Examples 3, 4, 6 and 7. Annuity type

Use Table 14 - 1 to find the and total interest of the annuities. See Examples 3, 4, 6 and 7.

Annuity type 1. Ordinary annuity 2. Ordinary annuity 3. Ordinary annuity 4. Annuity due 5. Annuity due 6. Annuity due Periodic payment $1,000 $ 500 $2,000 $3,000 $5,000 800 Annual interest rate 5% 4% 8% 6% 3% 7% Payment paid Annually Semiannually Quarterly Semiannually Annually Annually Years

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1 Number of periods 8 Period rate 5 Table value 9549 Future value 1000 9549 9549 ... View full answer

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