What's the future value of a 5%, 5-year ordinary annuity that pays $100 each year? If this was an annuity due, what would its future value be? Do not round intermediate calculations. Round your answers to the nearest cent. Future Value of an Ordinary Annuity: $   Future Value of an Annuity Due: $

What is the present value of a perpetuity that pays $661 every year forever, if the interest rate is to be 2.25% (compounded). Answer to the nearest cent. A Moving to the next question prevents changes to this answer.

What is the future value of a 6%, 5-year ordinary annuity that pays $450 each year? Do not round intermediate calculations. Round your answer to the nearest cent.                                                                                                         If this were an annuity due, what would its future value be? Do not round intermediate calculations. Round your answer to the nearest cent

(Present value of a perpetuity) At a discount rate of 13.00%, find the present value of a perpetual payment of $1,500 per year. If the discount rate were lowered to 6.50%, half the initial rate, what would be the value of the perpetuity? a. If the discount rate were 13.00%, the present value of the perpetuity is $ (Round to the nearest cent.) b. If the discount rate were lowered to 6.50%, half the initial rate, the present value of the perpetuity is $ (Round to the nearest cent.)