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What is the future value of an annuity due that pays $4,500 per year for 8 years? The appropriate interest rate is 5 percent. a

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What is the future value of an annuity due that pays $4,500 per year for 8 years? The appropriate interest rate is 5 percent. a $6,648.55 b.$37,800.00 c. $42.970.99 d. $53,188.40 e. $45,119.54 An investment will pay $600 at the end of each of the next 2 years, $800 at the end of Year 3, and $1,000 at the end of Year 4. What is its present value if other investments of equal risk eam 6 percent annually? a $2,376.28 Ob.1,997.79 c $2.830.19 d. $1,901.02 e. $2,563.82

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