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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 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.
$400 per year for 14 years at 4%.
$200 per year for 7 years at 2%.
$1,000 per year for 7 years at 0%.
Rework parts a, b, and c assuming they are annuities due. Future value of
$400 per year for 14 years at 4%:
Future value of $200 per year for 7 years at 2%:
Future value of $1,000 per year for 7 years at 0%:
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