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24. What is the future value of a 5-year ordinary annuity with annual payments of $200, evaluated at a 15 percent interest rate? a) $
24. What is the future value of a 5-year ordinary annuity with annual payments of $200, evaluated at a 15 percent interest rate? a) $ 670.44 O b) $ 842.91 Oc) $1,522.64 d) $1,348.48 e) None of the above 25. What is the present value of a 7-year ordinary annuity with annual payments of $300, evaluated at a 10 percent interest rate? a) $ 670 43 O b) $ 84291 O c) $1,460.52 O d) $1,522.64 O e) None of the above
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