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For the following separate annuities A through F, complete the table by indicating the future value amount of the annuity. Note: Round final answer to
For the following separate annuities A through F, complete the table by indicating the future value amount of the annuity.
Note: Round final answer to the nearest whole dollar. Note: Do not use a negative sign (-) with your answers.
Annual | Beginning or | Deferral | Future | |||||
---|---|---|---|---|---|---|---|---|
Frequency | Interest | Number of | End of Period | of Annuity | Value | |||
Investment | of Payments | Rate | Payment | Years | Payment | Payment | Amount | |
Annuity A | Annually | 5% | $(33,000) | 6 | End | 0 years | Answer | |
Annuity B | Annually | 10% | (39,000) | 4 | Beginning | 0 years | Answer | |
Annuity C | Annually | 4% | (120,000) | 8 | End | 3 years | Answer | |
Annuity D | Semiannually | 14% | (20,400) | 3 | End | 0 years | Answer | |
Annuity E | Semiannually | 4% | (15,000) | 2 | Beginning | 0 years | Answer | |
Annuity F | Semiannually | 8% | (132,000) | 4 | End | 2 years | Answer |
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