Calculation Of Present Value And Future Value Of Money

Question

Find the following values assuming a regular, or ordinary, annuity:

a. The present value of \$900 per year for ten years at 9 percent

b. The future value of \$900 per year for ten years at 9 percent

c. The present value of \$700 per year for five years at 7 percent

d. The future value of \$700 per year for five years at 7 percent

Summary

The question belongs to Finance and it discusses about calculation of present value and future value for money with regular, ordinary and annuity methods.

Total Word Count 109

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