Future value of annuity. For each case in the table below answer the following:

Case Amount of annuity Rate Deposit in years

A $2200 6% 10

B 600 12 5

C 20000 10 6

D 12500 10 9

E 5000 12 30

Calculate the future value of the annuity assuming that it is

1. an ordinary annunity

2. an annuity due

Show formula(s) used and work

Case Amount of annuity Rate Deposit in years

A $2200 6% 10

B 600 12 5

C 20000 10 6

D 12500 10 9

E 5000 12 30

Calculate the future value of the annuity assuming that it is

1. an ordinary annunity

2. an annuity due

Show formula(s) used and work

## This question was asked on Jan 26, 2013.

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