Find the future values of these ordinary annuities. Compounding occurs once a year. Do not round intermediate calculations. Round your answers to the nearest cent. $300 per year for 8 years at 4%. $ $150 per year for 4 years at 2%. $ $200 per year for 12 years at 0%. $ Rework parts a, b, and c assuming they are annuities due. Future value of $300 per year for 8 years at 4%: $ Future value of $150 per year for 4 years at 2%: $ Future value of $200 per year for 12 years at 0%: $
Find the future values of these ordinary annuities. Compounding occurs once a year. Do not round intermediate calculations. Round your answers to the nearest cent. $300 per year for 8 years at 4%. $ $150 per year for 4 years at 2%. $ $200 per year for 12 years at 0%. $ Rework parts a, b, and c assuming they are annuities due. Future value of $300 per year for 8 years at 4%: $ Future value of $150 per year for 4 years at 2%: $ Future value of $200 per year for 12 years at 0%: $
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
Problem 1PS
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Question
Find the future values of these ordinary
-
$300 per year for 8 years at 4%.
$
-
$150 per year for 4 years at 2%.
$
-
$200 per year for 12 years at 0%.
$
-
Rework parts a, b, and c assuming they are annuities due.
Future value of $300 per year for 8 years at 4%: $Future value of $150 per year for 4 years at 2%: $
Future value of $200 per year for 12 years at 0%: $
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