9-7 Find the future value of the following ordinary annuities: a. $400 per year for 10 years at 10 percent b. $200 per year for five years at 5 percent

Personal Finance
13th Edition
ISBN:9781337669214
Author:GARMAN
Publisher:GARMAN
Chapter1: Understanding Personal Finance
Section1.4: Perform Time Value Of Money Calculations
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9-7 Find the future value of the following ordinary annuities:

a. $400 per year for 10 years at 10 percent

b. $200 per year for five years at 5 percent

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