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Homework answers / question archive / What is the future value of a 8%, 5-year ordinary annuity that pays $400 each year? Round your answer to the nearest cent

What is the future value of a 8%, 5-year ordinary annuity that pays $400 each year? Round your answer to the nearest cent

Accounting

What is the future value of a 8%, 5-year ordinary annuity that pays $400 each year? Round your answer to the nearest cent. $ If this were an annuity due, what would its future value be? Round your answer to the nearest cent. $

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