An investment will provide you with $100 at the end of each year for the...
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An investment will provide you with $100 at the end of each year for the next 10 years. What is the present value of that annuity if the discount rate is 8% annually?
What is the present value of the above if the payments are received at the beginning of each year?
If you deposit the $100 at the end of each year into an account earning 8%, what will the future value be in 10 years?
If you open the account with $1,000 today and then make the $100 deposits at the end of each year, what will the future value be in 10 years? 8%
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