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Present and future value of the annuity streams

Task: How would you calculate the present and future value of the following annuity streams?

1) $5,000 received each year for 5 years on the last day of each year if your investments pay 6 percent compounded annually.

2) $5,000 received each quarter for 5 years on the last day of each quarter if your investments pay 6 percent compounded quarterly.

3) $5,000 received each year for 5 years on the first day of each year if your investments pay 6 percent compounded annually.

4) $5,000 received each quarter for 5 years on the first day of each quarter if your investments pay 6 percent compounded quarterly.

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## Q : Compare the compound interest with simple interest

Compare the compound interest with simple interest for the same period.