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Find the future values of the following ordinary annuities: FV of $200 paid each 6 months for 5 years at a nominal rate of 4%
Find the future values of the following ordinary annuities: FV of $200 paid each 6 months for 5 years at a nominal rate of 4% compounded semiannually. Do not round intermediate calculations. Round your answer to the nearest cent. $ FV of $100 paid each 3 months for 5 years at a nominal rate of 4% compounded quarterly. Do not round intermediate calculations. Round your answer to the nearest cent.
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