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ANSWER THE FOLLOWING PROBLEM THIS IS ONE PROBLEM - Find the future values of these ordinary annuities. Compounding occurs once a year. Do not round
ANSWER THE FOLLOWING PROBLEM THIS IS ONE PROBLEM
- 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. a. $1,000 per year for 14 years at 10%. b. $500 per year for 7 years at 5%. c. $400 per year for 7 years at 0%. d. Rework parts a, b, and c assuming they are annuities due. Future value of $1,000 per year for 14 years at 10% : $ Future value of $500 per year for 7 years at 5% : $ Future value of $400 per year for 7 years at 0% - Find the present values of these ordinary annuities. Discounting occurs once a year. Do not round intermediate calculations. Round your answers to the nearest cent. a. $500 per year for 10 years at 12%. b. $250 per year for 5 years at 6%. c. $200 per year for 5 years at 0%. d. Rework previous parts assuming they are annuities due. Present value of $500 per year for 10 years at 12% : $ Present value of $250 per year for 5 years at 6% : $ Present value of $200 per year for 5 years at 0% : $ - Find the present values of the following cash flow streams at a 4% discount rate. Do not round intermediate calculations. Round your answers to the nearest cent. e. Stream A: \$ f. Stream B: \$ g. What are the PVs of the streams at a 0% discount rate? Round your answers to the nearest dollar. Stream A: \$ Stream B: \$Step by Step Solution
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