Question
I need this now please. 1) Calculate the future value of anannuity, with case A being an ordinary annuity and case B being an annuity
I need this now please.
1) Calculate the future value of anannuity, with case A being an ordinary annuity and case B being an annuity due.
Case Annuity Interest Deposite Future
Rate (%) Periods (Yrs) Value
_______________________________________________________________________
A 11,000 4 4 _________ Round to the nearest cents
B 1,000 10 8 ___________Round to the nearest cents
2) For each of the followingcases, calculate the present value of theannuity, assuming the annuity cash flows occur at the end of each year.
_________________________________________________________
Annuity Interest Rate (%) Period (Yrs) Present Value $
32,000 18 4 ___________Round to the nearest cents
17,000 4 14 _________________Round to the nearest cents
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