Question

Compute the future value of a $100 annual annuity for the same combination of rates and...

Compute the future value of a $100 annual annuity for the same combination of rates and time periods as in problem 1. (Round your answers to the nearest cent. Round FVA factors to 4 decimal places.)


a. r = 8%, t = 10 years
FV of annuity $
b. r = 8%, t = 20 years
FV of annuity $
c. r = 4%, t = 10 years
FV of annuity $
d. r = 4%, t = 20 years
FV of annuity $

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