Find the values of the following annuities on October 31, 2017 using 6.5% interest. ***NO COMPUTER SPREADSHEETS PLEASE*** a) A series of 12 annual payments of $6000 with the first payment on December 31, 2020.

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
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Find the values of the following
annuities on October 31, 2017 using
6.5% interest. ***NO COMPUTER
SPREADSHEETS PLEASE***
a) A series of 12 annual payments of
$6000 with the first payment on
December 31, 2020.
b) Annual payments of $9000 made
every June 1 from 2007 to 2014.
c) Payments of $16,000 made every
March 31 from 2011 to 2020
Transcribed Image Text:Find the values of the following annuities on October 31, 2017 using 6.5% interest. ***NO COMPUTER SPREADSHEETS PLEASE*** a) A series of 12 annual payments of $6000 with the first payment on December 31, 2020. b) Annual payments of $9000 made every June 1 from 2007 to 2014. c) Payments of $16,000 made every March 31 from 2011 to 2020
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