Find the future values of these ordinary annuities. Compounding occurs once a year. Do not round intermediate calculations. Round your answers to the nearest cent a. $200 per year for 16 years at 12%.
b. $100 per year for 8 years at 6%.
c. $500 per year for 8 years at 0%
d. Rework parts a, b, and c assuming they are annuities due
Future value of $200 per year for 16 years at 12%: $
Future value of $100 per year for 8 years at 6%: $
Future value of $500 per year for 8 years at 0%: $

Q&A Education