Problem: Find the future value of the following annuities. The first payment in these annuities is made at the end of year one. That is, they are are ordinary annuities.
A) $400 per years for 10 years at 10%
B) $200 per year for 5 years at 5%
C) $400 per year for 5 years at 5%
D) Now rework parts a and b and c assuming that payments are made at the beginning of each year; that is they are annuities due