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