Calculate the future value of the following annuity


Calculate the future value of the following annuity streams:

a. $5,000 received each year for 6 years on the last day of each year if your investments pay 6 percent compounded annually. (Do not round intermediate calculations. Round your answer to 2 decimal places. (e.g., 32.16))

Future value $

b. $5,000 received each quarter for 6 years on the last day of each quarter if your investments pay 6 percent compounded quarterly. (Do not round intermediate calculations. Round your answer to 2 decimal places. (e.g., 32.16))

Future value $

c. $5,000 received each year for 6 years on the first day of each year if your investments pay 6 percent compounded annually. (Do not round intermediate calculations. Round your answer to 2 decimal places. (e.g., 32.16))

Future value $

d. $5,000 received each quarter for 6 years on the first day of each quarter if your investments pay 6 percent compounded quarterly. (Do not round intermediate calculations. Round your answer to 2 decimal places. (e.g., 32.16))

Future value $

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Financial Management: Calculate the future value of the following annuity
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