1) Calculate the future value of an? annuity, with case A being an ordinary annuity and case B being an annuity due.
Case Annuity Interest Deposite Future
Rate (%) Periods (Yrs) Value
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A 11,000 4 4 _________ Round to the nearest cents
B 1,000 10 8 ___________Round to the nearest cents
2) For each of the following? cases, calculate the present value of the? annuity, assuming the annuity cash flows occur at the end of each year.
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Annuity Interest Rate (%) Period (Yrs) Present Value $
32,000 18 4 ___________Round to the nearest cents
17,000 4 14 _________________Round to the nearest cents