Question
Deposit Annual Annuity Payment Interst Rate Annuity Length (yr) A $2,500 8% 10 B $500 12% 6 C $1,000 20% 5 D $12,000 16% 8
Deposit Annual Annuity Payment Interst Rate Annuity Length (yr) A $2,500 8% 10 B $500 12% 6 C $1,000 20% 5 D $12,000 16% 8 E $4,000 14% 30
The following table describes the characteristics of five annuities: LOADING... . Calculate the future value of each annuity given its characteristics.
The future value, FV , on the annuity at the end of the deposit period for Deposit A is $nothing. (Round to the nearest cent.)
The future value, FV , on the annuity at the end of the deposit period for Deposit B is $nothing. (Round to the nearest cent.)
The future value, FV , on the annuity at the end of the deposit period for Deposit C is $nothing. (Round to the nearest cent.)
The future value, FV , on the annuity at the end of the deposit period for Deposit D is $nothing. (Round to the nearest cent.)
The future value, FV , on the annuity at the end of the deposit period for Deposit E is $nothing. (Round to the nearest cent.)
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