For each of the following annuities, calculate the future value. Note: Do not round intermediate calculations and round your answers to 2 decimal places, e.g., 32.16 Future Value Annual Payment Years Interest Rate $ 1,520 10 9% $ 6,540 34 10 $ 3,640 9 7 $ 8,330 36 11

Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
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For each of the following annuities, calculate the future value.
Note: Do not round intermediate calculations and round your answers to 2 decimal places, e.g., 32.16.
Future Value
Annual Payment
Years
Interest Rate
$
1,520
10
9%
$
6,540
34
10
$
3,640
7
10
$
8,330
36
11
Transcribed Image Text:For each of the following annuities, calculate the future value. Note: Do not round intermediate calculations and round your answers to 2 decimal places, e.g., 32.16. Future Value Annual Payment Years Interest Rate $ 1,520 10 9% $ 6,540 34 10 $ 3,640 7 10 $ 8,330 36 11
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