Problem 4-5: Present value of annuity calculations

What is the present value of a 5-year annuity that pays 800SAR, given a 8% discount rate?

Problem 4-6: Future value of annuity calculations

Find the future value at the end of year 5 of an annuity that pays 800SAR

per year for 5 years compounded at 8% annually. What would be the future value of this annuity?

Problem 4-7: Annuity Payments

You want to have 1,000,000SAR in 30 years by making equal end-of-the-year deposits into a tax-deferred account paying 7.75% annually. What annual amount should you deposit?