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Suppose you are going to receive $13,500 per year for five years. The appropriate interest rate is 8.4%. a-1 What is the present value of
Suppose you are going to receive $13,500 per year for five years. The appropriate interest rate is 8.4%. a-1 What is the present value of the payments if they are in the form of an ordinary annulty? (Do not round Intermediate calculations and round your final answer to 2 decimal places. (e.g., 32.16)) Answer is complete and correct. 53,388.08 Present value a-2 What is the present value if the payments are an annuity due? (Do not round Intermediate calculations and round your final answer to 2 decimal places. (e.g., 32.16)) * Answer is complete but not entirely correct. Present value 57.496.34 X b-1 Suppose you plan to invest the payments for five years. What is the future value of the payments are an ordinary annulty? (Do not round Intermediate calculations and round your final answer to 2 decimal places. (e.g., 32.16)) X Answer is complete but not entirely correct. Future value 210,934.63 X b-2 Suppose you plan to Invest the payments for five years. What is the future value if the payments are an annulty due? (Do not round Intermediate calculations and round your final answer to 2 decimal places. (e.g., 32.16)) X Answer is complete but not entirely correct. Future value S 227,166.23 x
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