Future value of an annuity
Find the future values of these ordinary annuities. Compounding occurs once a year. Round your answers to the nearest cent.
$600 per year for 2 years at 12%. $
$300 per year for 1 year at 6%. $
$1,000 per year for 4 years at 0%. $
Rework previous parts assuming that they are annuities due. Round your answers to the nearest cent.
$600 per year for 2 years at 12%. $
$300 per year for 1 year at 6%. $
$1,000 per year for 4 years at 0%. $