Calculate the future value of the following annuity streams

Reference no: EM13289410

Calculate the future value of the following annuity streams:

• a. $5,000 received each year for 5 years on the last day of each year if your investments pay 6 percent compounded annually.
• b. $5,000 received each quarter for 5 years on the last day of each quarter if your investments pay 6 percent compounded quarterly.
• c. $5,000 received each year for 5 years on the first day of each year if your investments pay 6 percent compounded annually.
• d. $5,000 received each quarter for 5 years on the first day of each quarter if your investments pay 6 percent compounded quarterly.

Reference no: EM13289410

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