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
Chapter5: The Time Value Of Money
Section: Chapter Questions
Problem 11QTD
Related questions
Question
![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](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2Fb6ea49f2-aec0-47e4-ae21-0e0a47907cd1%2F54e12929-b5c1-4ae9-9843-387fa7c7f7fa%2Fc0vc74_processed.png&w=3840&q=75)
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".](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2Fb6ea49f2-aec0-47e4-ae21-0e0a47907cd1%2F54e12929-b5c1-4ae9-9843-387fa7c7f7fa%2Ftai75vq_processed.png&w=3840&q=75)
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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