Alpha Geek

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  • bachelor in business administration
    Polytechnic State University Sanluis
    Jan-2006 - Nov-2010

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    Polytechnic State University
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Category > Management Posted 18 Aug 2017 My Price 8.00

Find the future value of the following annuities due: a. $400 per year for 10 years

1. Find the future value of the following annuities due:

a. $400 per year for 10 years at 10 percent

b. $200 per year for five years at 5 percent

2. Find the present value of the following ordinary annuities:

a. $400 per year for 10 years at 10 percent

b. $200 per year for five years at 5 percent

Answers

Alpha Geek
(8)
Status NEW Posted 18 Aug 2017 12:08 PM My Price 8.00

Fut-----------ure----------- va-----------lue----------- of----------- an-----------nui-----------tie-----------s =----------- P*-----------[(1-----------+i)-----------^n------------1]/-----------i w-----------her-----------e P----------- - -----------per-----------iod-----------ic -----------pay-----------men-----------t n------------ N-----------o. -----------of -----------yea-----------rs -----------i ------------ In-----------ter-----------est----------- ra-----------te -----------(a)----------- 40-----------0*[-----------(1+-----------.10-----------)^1-----------0-1-----------]/.-----------10 -----------400-----------*[(-----------1.1-----------0)^-----------10------------1]/-----------.10-----------

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