A 10.0%, 3-year ordinary annuity pays $200.00 each year. What is the future value of the annuity? (Answer to the nearest cent. i.e. one thousand dollars would be entered 1000.00) Your Answer: Answer Question 8 (1 point) An investment is expected to result in equal payments of $300 at the end of each of the next 8 years (ordinary annuity). If the appropriate required rate of return (discount rate) is 4 %, what is the future value of the annuity stream? (annual compounding) $6,547.36 $2,403.36 $410.57 $2,764.27