a) Find the Future Value of an annuity for$1000 paid at the end of each year for 3 years  assuming interest is compounded annually at 7%?                        b) Julie Miller will receive the set of cash flows below. What is the Present Value at a  discount rate of 10%. Year one 500, year two 500, year three 300, year four 300 and year  five 150.                                                                                c) Perpetuity has no time limit. The present value of $100 perpetuity discounted at 15% is?

FINANCIAL ACCOUNTING
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Chapter1: Financial Statements And Business Decisions
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QUESTION SIX  
a) Find the Future Value of an annuity for$1000 paid at the end of each year for 3 years 
assuming interest is compounded annually at 7%?                       
b) Julie Miller will receive the set of cash flows below. What is the Present Value at a 
discount rate of 10%. Year one 500, year two 500, year three 300, year four 300 and year 
five 150.                                                                               
c) Perpetuity has no time limit. The present value of $100 perpetuity discounted at 15% is? 
   

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