Find the future values of these ordinary annuities. Compounding occurs once a year. a.$ 500 per year for 8 years at 14% b. $250 per year for 4 years at 7% c $700 per year for 4 years at 0% d. Rework parts a, b, and c assuming they are annuities due. Please show all your wo

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 23E
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Find the future values of these ordinary annuities. Compounding occurs once a year. a.$

500 per year for 8 years at 14% b. $250 per year for 4 years at 7% c $700 per year for 4 years at 0%

d. Rework parts a, b, and c assuming they are annuities due. Please show all your work.

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