Explore BrainMass

Explore BrainMass

    Future Values of Annuity Streams

    This content was COPIED from BrainMass.com - View the original, and get the already-completed solution here!

    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.

    © BrainMass Inc. brainmass.com June 4, 2020, 1:50 am ad1c9bdddf
    https://brainmass.com/business/annuity/future-values-of-annuity-streams-422406

    Solution Preview

    Check the attached sheet. The calculation are complex to do manual thats why excel is used.

    You can also use Future Value of ...

    Solution Summary

    The solution computes the Future Values of Annuity Streams.

    $2.19

    ADVERTISEMENT