Find the future values of these ordinary annuities. Compounding occurs once a year. Do not...
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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. a. $500 per year for 16 years at 6%. $ b. $250 per year for 8 years at 3%. $ c. $400 per year for 8 years at 0%. d. Rework parts a, b, and c assuming they are annuities due. Future value of $500 per year for 16 years at 6%: $ Future value of $250 per year for 8 years at 3%:$ Future value of $400 per year for 8 years at 0%:$
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