Find the future values of these ordinary annuities. Compounding occurs once a year. Round your answers to the nearest cent. A. $900 per year for 4 years at 6%. B. $450 per year for 2 years at 3%. C. $800 per year for 2 years at 0%. Rework previous parts assuming that they are annuities due. Round your answers to the nearest cent. D. $900 per year for 4 years at 6%. E. $450 per year for 2 years at 3%. F. $800 per year for 2 years at 0%.
Find the future values of these ordinary annuities. Compounding occurs once a year. Round your answers to the nearest cent. A. $900 per year for 4 years at 6%. B. $450 per year for 2 years at 3%. C. $800 per year for 2 years at 0%. Rework previous parts assuming that they are annuities due. Round your answers to the nearest cent. D. $900 per year for 4 years at 6%. E. $450 per year for 2 years at 3%. F. $800 per year for 2 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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Find the
A. $900 per year for 4 years at 6%.
B. $450 per year for 2 years at 3%.
C. $800 per year for 2 years at 0%.
Rework previous parts assuming that they are annuities due. Round your answers to the nearest cent.
D. $900 per year for 4 years at 6%.
E. $450 per year for 2 years at 3%.
F. $800 per year for 2 years at 0%.
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