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Question 8 10 Points What is the future value of an annuity due that pays $1,400 per year for 10 years if the appropriate
Question 8 10 Points What is the future value of an annuity due that pays $1,400 per year for 10 years if the appropriate discount rate is 4%? A $14,000.00 B $14,560.00 $16,808.55 $17,480.89 E) $24,672.53 Question 9 10 Points What is the future value of $700 deposited in an account that compounds quarterly for 6 years if the interest rate is 7% ? A $662.41 B $809.31 $881.17 $1,061.51 E $1,774.54
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