Now rework parts a, b, and c assuming that payments are made at the beginning of each year; that is, they are annuities due. Future value of $800 per year for 10 years at 12%: $ Future value of $400 per year for 5 years at 6%: $ Future value of $800 per year for 5 years at 0%: $

Now rework parts a, b, and c assuming that payments are made at the beginning of each year; that is, they are annuities due. Future value of $800 per year for 10 years at 12%: $ Future value of $400 per year for 5 years at 6%: $ Future value of $800 per year for 5 years at 0%: $

Financial Management: Theory & Practice

16th Edition

ISBN:9781337909730

Author:Brigham

Publisher:Brigham

Chapter4: Time Value Of Money

Section: Chapter Questions

Problem 1MC

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Question

Now rework parts a, b, and c assuming that payments are made at the beginning of each year; that is, they are annuities due.

Future value of $800 per year for 10 years at 12%: $

Future value of $400 per year for 5 years at 6%: $

Future value of $800 per year for 5 years at 0%: $

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