What is the future value of ordinary annuity

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Reference no: EM131864217

1. An investment will pay $700 at the end of each of the next 4 years, $600 at the end of Year 5, and $500 at the end of Year 6. What is its present value if other investments of equal risk earn 10 percent annually?

2. What is the future value of an ordinary annuity that pays $4,600 per year for 4 years? The appropriate interest rate is 7 percent.

3. Explain the advantage and disadvantage of investing in a Government bond in Venezuela.

Reference no: EM131864217

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