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. $500 per year for 8 years at 14%. $ $250 per year for 4 years at 7%. $ $200 per year for 4 years at 0%. $ 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%: $
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. $500 per year for 8 years at 14%. $ $250 per year for 4 years at 7%. $ $200 per year for 4 years at 0%. $ 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%: $
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
Section: Chapter Questions
Problem 1PS
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