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. a. $500 per year for 10 years at 12%. $ b. $250 per year for 5 years at 6%. $ c. $900 per year for 5 years at 0%. $ d. Rework parts a, b, and c assuming they are annuities due. Future value of $500 per year for 10 years at 12%:$ Future value of $250 per year for 5 years at 6%:$ Future value of $900 per year for 5 years at 0%:$ Find the present values of these ordinary annuities. Discounting occurs once a year. Do not round intermediate calculations. Round your answers to the nearest cent. a. $500 per year for 16 years at 6%. $ b. $250 per year for 8 years at 3%. $ c. $500 per year for 8 years at 0%. $ d. Rework previous parts assuming they are annuities due. Present value of $500 per year for 16 years at 6%:$ Present value of $250 per year for 8 years at 3%:$ Present value of $500 per year for 8 years at 0%:$ + tml?deploymentid=59331424528469141928175175&eISBN=9781337911009&id=876034710&snapshotid=1885988& TAP mework 5-2 Assig Save Submit Assign Navigation Help MERKUR eme for a Lump Sum to Double) 0 B eBook How long will it take $100 to double if it earns the following rates? Compounding occurs once a year. Round your answers to two decimal places. a. 8%. year(s) b. 11%. year(s) C. 16%. year(s) d. 100% year(s) 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. a. $500 per year for 10 years at 12%. $ b. $250 per year for 5 years at 6%. $ c. $900 per year for 5 years at 0%. $ d. Rework parts a, b, and c assuming they are annuities due. Future value of $500 per year for 10 years at 12%:$ Future value of $250 per year for 5 years at 6%:$ Future value of $900 per year for 5 years at 0%:$ Find the present values of these ordinary annuities. Discounting occurs once a year. Do not round intermediate calculations. Round your answers to the nearest cent. a. $500 per year for 16 years at 6%. $ b. $250 per year for 8 years at 3%. $ c. $500 per year for 8 years at 0%. $ d. Rework previous parts assuming they are annuities due. Present value of $500 per year for 16 years at 6%:$ Present value of $250 per year for 8 years at 3%:$ Present value of $500 per year for 8 years at 0%:$ + tml?deploymentid=59331424528469141928175175&eISBN=9781337911009&id=876034710&snapshotid=1885988& TAP mework 5-2 Assig Save Submit Assign Navigation Help MERKUR eme for a Lump Sum to Double) 0 B eBook How long will it take $100 to double if it earns the following rates? Compounding occurs once a year. Round your answers to two decimal places. a. 8%. year(s) b. 11%. year(s) C. 16%. year(s) d. 100% year(s)
