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Future Value and Present Value of Annuity Due
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Future Value and Present Value of Annuity Due

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Questions and Answers

What is the future value of the $5000 deposits at the end of each year for 5 years at 6% annual interest?

  • $23,719.44
  • $27,580.00
  • $30,000.00
  • $32,981.68 (correct)

    • What is the present value of the $5000 deposits at the beginning of each year for 5 years at 6% annual interest?

  • $27,580.00
  • $32,981.68
  • $23,719.44 (correct)
  • $30,000.00

    • What is the future value of the $5000 deposits at the beginning of each year for 5 years at 6% annual interest?

  • $27,580.00
  • $30,000.00
  • $23,719.44
  • $32,981.68 (correct)

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