Q. No. 02: Find the future value of the following annuities. The first payment in these annuities is made at the end of Year 1, so they are ordinary annuities. $300 per year for 10 years at 10% $100 per year for 5 years at 5% $300 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.

EBK CFIN
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ISBN:9781337671743
Author:BESLEY
Publisher:BESLEY
Chapter4: Time Value Of Money
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Q. No. 02: Find the future value of the following annuities. The first payment in these annuities is made at the end of Year 1, so they are ordinary annuities.
$300 per year for 10 years at 10%
$100 per year for 5 years at 5%
$300 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.

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