For each of the following annuities, calculate the future value. Note: Do not round intermediate calculations and round your answers to 2 decimal places, e.g., 32.16. Future Value Annual Payment $ $ $ $ 599 1,220 4,340 2,940 7,530 Years 10 50 9 35 Interest Rate 5% 6 3 7

Corporate Fin Focused Approach
5th Edition
ISBN:9781285660516
Author:EHRHARDT
Publisher:EHRHARDT
Chapter4: Time Value Of Money
Section: Chapter Questions
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For each of the following annuities, calculate the future value.
Note: Do not round intermediate calculations and round your answers to 2
decimal places, e.g., 32.16.
Future Value
Annual Payment
$
$
$
$
1,220
4,340
2,940
7,530
Years
10
50
9
35
Interest Rate
5%
6
3
7
Transcribed Image Text:For each of the following annuities, calculate the future value. Note: Do not round intermediate calculations and round your answers to 2 decimal places, e.g., 32.16. Future Value Annual Payment $ $ $ $ 1,220 4,340 2,940 7,530 Years 10 50 9 35 Interest Rate 5% 6 3 7
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