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Problem 5-3 Future Value of an Annuity (LG5-2) What is the future value of a $860 annuity payment over six years if interest rates are

Problem 5-3 Future Value of an Annuity (LG5-2)

What is the future value of a $860 annuity payment over six years if interest rates are 10 percent? (Do not round intermediate calculations and round your final answer to 2 decimal places.)

Future value =

Problem 5-7 Present Value of an Annuity (LG5-4)

What's the present value of a $960 annuity payment over five years if interest rates are 9 percent? (Do not round intermediate calculations and round your final answer to 2 decimal places.)

Present value =

Problem 5-17 Future Value (LG5-1)

Given a 5 percent interest rate, compute the year 6 future value of deposits made in years 1, 2, 3, and 4 of $1,950, $2,150, $2,150, and $2,450, respectively. (Do not round intermediate calculations and round your final answer to 2 decimal places.)

Future value =

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