4 Compare the future value of a four-year ordinary annuity with that of a ten-year annuity where...

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4 Compare the future value of a four-year ordinary annuity with that of a ten-year annuity where each has:

a a regular payment of $500 a year and the interest rate is 8%

per annum b a regular payment of $1 000 a year and the interest rate is 8% per annum.

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Fundamentals Of Finance

ISBN: 9780994132529

4th Edition

Authors: Andrea Bennett, Jenny Parry, Carolyn Wirth

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