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%: $
Cornerstones of Financial Accounting
4th Edition
ISBN:9781337690881
Author:Jay Rich, Jeff Jones
Publisher:Jay Rich, Jeff Jones
ChapterA3: Time Value Of Money
Section: Chapter Questions
Problem 3CE
Related questions
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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