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alculate the future value of the following ordinary simple annuities. Round the answers to the nearest cent Periodic Payment Payment Period Term of Annuity Interest

alculate the future value of the following ordinary simple annuities.

Round the answers to the nearest cent

Periodic Payment Payment Period Term of Annuity Interest Rate Compounding Frequency Future Value
1. $1,275 Every 3 months 7 years 3.50% Quarterly

2. $2,625 Every month 6 years 2.50% Monthly

3. $3,075 Every 6 months 5 years 5.50% Semi-annually

4. $2,100 Every year 8 years 5.50% Annually

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