28) 7.25% comp: monthly: if $1,000 is deposited into mouthly, how much is in acct. after Is years? How much. of. this is interest?. N = 120 F1. = 6.5 PVC O N=180 51. = 7.25 PV = O 32). 5.5% comp. monthly; what equal monthly deposit should be made into this amvity in order to have $100,000 in to years? N = 30 11. = 6.8 PV 6 PMT=-1000 FV ? pint?626.93 PV = 100,000 '[v = (2 - (૧ * 12 F/4 = 12 014-12 Ply=-2 9/4-2. 34) fund set up to have $120,000 in 15 years. how much should be paid semiannually into acct: paying 6.8% Comp. semiannually? Pút? +2363.07. FV = 120000 7 Period 1 2 3 4 5 PV $323,943.07 interest = $143; 943.07 36) if 2,000 is deposited at end of each quarter for 2 years into annuity eaning 7.9%, comp. quartuly, construct a balance sheet showing I earned during each quarter to balance it end of each quarter. Interest Balance monthly for. 1o. years. at $426.93 per payment раумела 2000 2000 2000. 2000 2000 2000 N= ? 51. = 6.6 PUO PMT= -2000 FV = 100,000 k[1 = 12 0/4.-12 $2363.07. $0 $39.50 $79.78 $120.86 142.74 46114.38 $8240.14 $10402.88 $12.608.84 $14 857.35 2000 2000 417150-78 46) monthly payments of $2,000 into an acct. paying 6.6%. comp. monthly. How long will it be before the act. has. $100,000? → 44.29 45 months 2000 $4039:50 ·$205.46 $249.10 $293.45 I= PRT I: (2000) (079) (4) I= 39.50
28) 7.25% comp: monthly: if $1,000 is deposited into mouthly, how much is in acct. after Is years? How much. of. this is interest?. N = 120 F1. = 6.5 PVC O N=180 51. = 7.25 PV = O 32). 5.5% comp. monthly; what equal monthly deposit should be made into this amvity in order to have $100,000 in to years? N = 30 11. = 6.8 PV 6 PMT=-1000 FV ? pint?626.93 PV = 100,000 '[v = (2 - (૧ * 12 F/4 = 12 014-12 Ply=-2 9/4-2. 34) fund set up to have $120,000 in 15 years. how much should be paid semiannually into acct: paying 6.8% Comp. semiannually? Pút? +2363.07. FV = 120000 7 Period 1 2 3 4 5 PV $323,943.07 interest = $143; 943.07 36) if 2,000 is deposited at end of each quarter for 2 years into annuity eaning 7.9%, comp. quartuly, construct a balance sheet showing I earned during each quarter to balance it end of each quarter. Interest Balance monthly for. 1o. years. at $426.93 per payment раумела 2000 2000 2000. 2000 2000 2000 N= ? 51. = 6.6 PUO PMT= -2000 FV = 100,000 k[1 = 12 0/4.-12 $2363.07. $0 $39.50 $79.78 $120.86 142.74 46114.38 $8240.14 $10402.88 $12.608.84 $14 857.35 2000 2000 417150-78 46) monthly payments of $2,000 into an acct. paying 6.6%. comp. monthly. How long will it be before the act. has. $100,000? → 44.29 45 months 2000 $4039:50 ·$205.46 $249.10 $293.45 I= PRT I: (2000) (079) (4) I= 39.50
Chapter4: Time Value Of Money
Section4.17: Amortized Loans
Problem 1ST
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