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.

$400 per year for 2 years at 10%.

$

$200 per year for 1 year at 5%.

$

$400 per year for 14 years at 0%.

$

Rework previous parts assuming that they are annuities due. Round your answers to the nearest cent.

$400 per year for 2 years at 10%.

$

$200 per year for 1 year at 5%.

$

$400 per year for 14 years at 0%.

$