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Problem 5-14 Future value of an annuity Find the future values of these ordinary annuities. Compounding occurs once a year. Round your answers to the
Problem 5-14 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. $1,000 per year for 16 years at 8%. b. $500 per year for 8 years at 4%. C. $900 per year for 14 years at 090. Rework previous parts assuming that they are annuities due. Round your answers to the nearest cent d, $1,000 per year for 16 years at 8%. e, $500 per year for 8 years at 4%. 00 per year for 14 years at 0%
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