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Annuity Future Value Inputs Payment 80 Discount Rate/Period 6.00% Number of Periods 5 Annuity Future Value using a Time Line Period 1 2 3 4 5 Cash Flows Future Value of Each Cash Flow Future Value Annuity Future Value using the Formula Future Value Annuity Future Value using the FV Function Future Value

Annuity Future Value Inputs Payment 80 Discount Rate/Period 6.00% Number of Periods 5 Annuity Future Value using a Time Line Period 1 2 3 4 5 Cash Flows Future Value of Each Cash Flow Future Value Annuity Future Value using the Formula Future Value Annuity Future Value using the FV Function Future Value

Essentials Of Investments
Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
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Annuity Future Value Inputs Payment 80 Discount Rate/Period 6.00% Number of Periods Annuity Future Value using a Time Line Period 1 2 3 4 Cash Flows Future Value of Each Cash Flow Future Value Annuity Future Value using the Formula Future Value Annuity Future Value using the FV Function Future Value
Transcribed Image Text:Annuity Future Value Inputs Payment 80 Discount Rate/Period 6.00% Number of Periods Annuity Future Value using a Time Line Period 1 2 3 4 Cash Flows Future Value of Each Cash Flow Future Value Annuity Future Value using the Formula Future Value Annuity Future Value using the FV Function Future Value
2. An annuity pays $80.00 each period for 5 periods. For these cash flows, the appropriate discount rate/period is 6.0%. What is the period 5 future value? Use worksheet "Annuity-FV".
Transcribed Image Text:2. An annuity pays $80.00 each period for 5 periods. For these cash flows, the appropriate discount rate/period is 6.0%. What is the period 5 future value? Use worksheet "Annuity-FV".
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