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eBook Find the future values of these ordinary annuities . Compounding occurs once a year. Do not round intermediate calculations. Round your answers to the

eBook

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.

  1. $600 per year for 14 years at 16%.

    $

  2. $300 per year for 7 years at 8%.

    $

  3. $200 per year for 7 years at 0%.

    $

  4. Rework parts a, b, and c assuming they are annuities due.

    Future value of $600 per year for 14 years at 16%: $

    Future value of $300 per year for 7 years at 8%: $

    Future value of $200 per year for 7 years at 0%: $

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