Essentials Of Investments
Essentials Of Investments
11th Edition
ISBN: 9781260013924
Author: Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher: Mcgraw-hill Education,
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Find the future values of these ordinary annuities. Compounding occurs once a year. Do not round intermediate calculations. Round your answers to the nearest cent.

  1. $500 per year for 8 years at 14%.

    $  

  2. $250 per year for 4 years at 7%.

    $  

  3. $200 per year for 4 years at 0%.

    $  

  4. Rework parts a, b, and c assuming they are annuities due.

    Future value of $500 per year for 8 years at 14%: $  

    Future value of $250 per year for 4 years at 7%: $  

    Future value of $200 per year for 4 years at 0%: $  

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