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FUTURE VALUE OF AN ANNUITY Find the future values of these ordinary annuities. Compounding occurs once a year. Round your answers to the nearest cent.
FUTURE VALUE OF AN ANNUITY Find the future values of these ordinary annuities. Compounding occurs once a year. Round your answers to the nearest cent.
a. $900 per year for 8 years at 10%.
b. $450 per year for 4 years at 5%.
c. $200 per year for 16 years at 0%.
Rework previous parts assuming that they are annuities due.
Round your answers to the nearest cent.
d. $900 per year for 8 years at 10%.
e. $450 per year for 4 years at 5%.
f. $200 per year for 16 years at 0%. $
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