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Need this done asap please! 6. Problem 5.06 (Future Value: Annuity Versus Annuity Due) eBook What's the future value of a 4%, 5-year ordinary annuity
Need this done asap please!
6. Problem 5.06 (Future Value: Annuity Versus Annuity Due) eBook What's the future value of a 4%, 5-year ordinary annuity that pays $800 each year? If this was an annuity due, what would its future value be? Do not round intermediate calculations. Round your answers to the nearest cent. Future Value of an Ordinary Annuity: $ Future Value of an Annuity Due: $ 7. Problem 5.07 (Present and Future Values of a Cash Flow Stream) eBook Problem Walk-Through An investment will pay $50 at the end of each of the next 3 years, $250 at the end of Year 4, $400 at the end of Year 5, and $600 at the end of Year 6. If other investments of equal risk earn 5% annually, what is its present value? Its future value? Do not round intermediate calculations. Round your answers to the nearest cent. Present value: $ Future value: $
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