Future value of an ordinary annuity. Fill n the missing future values in the following table for an ordinary annuity: Number of Annual Payments or Present Value Annuity Future Value Interest Rate Years 9% $184.68 SO (Round to the nearest cent.) 16 13% $1,271.27 (Round to the nearest cent.) 26 4% $708.15 (Round to the nearest cent.) 300 0.6% $576.94 $4 (Round to the nearest cent.)

Financial Accounting Intro Concepts Meth/Uses
14th Edition
ISBN:9781285595047
Author:Weil
Publisher:Weil
ChapterA: Appendix - Time Value Of Cash Flows: Compound Interest Concepts And Applications
Section: Chapter Questions
Problem 20E
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Future value of an ordinary annuity. Fill in the missing future values in the following table for an ordinary annuity:
Number of
Annual
Payments or
Present Value
Annuity
Future Value
Interest Rate
Years
9
9%
$184.68
$
(Round to the nearest cent.)
16
13%
$1,271.27
(Round to the nearest cent.)
26
4%
$708.15
2$
(Round to the nearest cent.)
300
0.6%
$576.94
(Round to the nearest cent.)
%24
Transcribed Image Text:Future value of an ordinary annuity. Fill in the missing future values in the following table for an ordinary annuity: Number of Annual Payments or Present Value Annuity Future Value Interest Rate Years 9 9% $184.68 $ (Round to the nearest cent.) 16 13% $1,271.27 (Round to the nearest cent.) 26 4% $708.15 2$ (Round to the nearest cent.) 300 0.6% $576.94 (Round to the nearest cent.) %24
i Data Table
(Click on the following icon a in order to copy its contents into a spreadsheet.)
Number of
Annual
Payments or
Present Value
Annuity
Future Value
Interest Rate
Years
9%
$184.68
?
16
13%
$1,271.27
?
26
4%
$708.15
300
0.6%
$576.94
Transcribed Image Text:i Data Table (Click on the following icon a in order to copy its contents into a spreadsheet.) Number of Annual Payments or Present Value Annuity Future Value Interest Rate Years 9% $184.68 ? 16 13% $1,271.27 ? 26 4% $708.15 300 0.6% $576.94
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