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Author Question: The future value of a $2,000 annuity due deposited at 8 percent compounded annually for each of next ... (Read 80 times)

leo leo

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Question 1

The future value of a $10,000 annuity deposited at 12 percent compounded annually for each of next 5 years is (Round to the nearest whole dollar)
◦ $36,050.
◦ $71,154.
◦ $40,376.
◦ $63,528.

Question 2

The future value of a $2,000 annuity due deposited at 8 percent compounded annually for each of next 10 years is (Round to the nearest whole dollar)
◦ $28,974.
◦ $31,291.
◦ $14,494.
◦ $13,420.


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Marked as best answer by leo leo on Apr 25, 2021

aburgess

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leo leo

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Reply 2 on: Apr 25, 2021
Excellent


hollysheppard095

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

 

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