Answer to Question #288811 in Other for Just

Question

7) Find the Future Value of an annuity for K1000 paid at the end of each year for 3 years assuming interest is compounded annually at 7%? 8) Find the future value of an annuity due where $1000 is paid at the beginning of each year for 3 years at 7%? 9) A company offer annual payments of K1000 at the end of each year for the next three years. What is the present value of this annuity discounted at 7%?

Answer 1

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