5-7: Future Value of an ordinary Annuity 5-8: Future Value of an Annuity Due Future value of an annuity Find the future
Posted: Wed Mar 16, 2022 9:13 am
5-7: Future Value of an ordinary Annuity 5-8: Future Value of an Annuity Due 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. $800 per year for 6 years at 14%. $ b. $400 per year for 3 years at 7%. C. $600 per year for 12 years at 0%. $ Rework previous parts assuming that they are annuities due. Round your answers to the nearest cent. d. $800 per year for 6 years at 14%. S e. $400 per year for 3 years at 7%. S f. $600 per year for 12 years at 0%. $