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Computing Future Value of Annuities, Deferrals For the following separate annuities A through F, complete the table by indicating the future value amount of the
Computing Future Value of Annuities, Deferrals
For the following separate annuities A through F, complete the table by indicating the future value amount of the annuity.
Note: Round final answer to the nearest whole dollar. Note: Do not use a negative sign (-) with your answers.
Annual | Beginning or | Deferral | Future | |||||
---|---|---|---|---|---|---|---|---|
Frequency | Interest | Number of | End of Period | of Annuity | Value | |||
Investment | of Payments | Rate | Payment | Years | Payment | Payment | Amount | |
Annuity A | Annually | 6% | $(11,000) | 6 | End | 0 years | ||
Annuity B | Annually | 7% | (13,000) | 4 | Beginning | 0 years | ||
Annuity C | Annually | 5% | (40,000) | 8 | End | 3 years | ||
Annuity D | Semiannually | 8% | (6,800) | 3 | End | 0 years | ||
Annuity E | Semiannually | 6% | (5,000) | 2 | Beginning | 0 years | ||
Annuity F | Semiannually | 6% | (44,000) | 4 | End | 2 years |
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