Question
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.
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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$500 per year for 6 years at 8%.
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$250 per year for 3 years at 4%.
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$1,000 per year for 2 years at 0%.
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Rework parts a, b, and c assuming they are annuities due.
Future value of $500 per year for 6 years at 8%: $
Future value of $250 per year for 3 years at 4%: $
Future value of $1,000 per year for 2 years at 0%: $
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