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Find the future values of these ordinary annuities . Compounding occurs once a year. Do not round intermediate calculations. Round your answers to the nearest
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.
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$900 per year for 12 years at 10%.
$ __________
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$450 per year for 6 years at 5%.
$ ____________
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$700 per year for 6 years at 0%.
$ __________
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Rework parts a, b, and c assuming they are annuities due.
Future value of $900 per year for 12 years at 10%: $_______
Future value of $450 per year for 6 years at 5%: $_________
Future value of $700 per year for 6 years at 0%: $__________
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