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Calculate the future value of the following annuity streams: a. $4,000 received each year for 5 years on the last day of each year if
Calculate the future value of the following annuity streams: a. $4,000 received each year for 5 years on the last day of each year if your investments pay 8 percent compounded annually. b. $4,000 received each quarter for 5 years on the last day of each quarter if your investments pay 8 percent compounded quarterly. c. $4,000 received each year for 5 years on the first day of each year if your investments pay 8 percent compounded annually. d. $4,000 received each quarter for 5 years on the first day of each quarter if your investments pay 8 percent compounded quarterly. (For all requirements, do not round intermediate calculations. Round your answers to 2 decimal places. (e.g., 32.16)) a. Future value b. Future value Future value d. Future value C
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