Ty-ped and correct answer please. i ll rate accordingly More InfoDiscrete Compounding; i=8%Single PaymentUniform SeriesCompoundAmountCompoundAmountFactorSinkingFundCapitalRecoveryFactorPresentPresentFactorWorth FactorWorth FactorFactorTo Find FTo Find PGiven FTo Find FTo Find PTo Find ATo Find AGiven PA/PGiven PGiven AGiven AGiven FF/PP/FFIAPIAA/F11.08000.92591.00000.92591.00001.080021.16640.85732.08001.78330.48080.560831.25970.79383.24642.57710.30800.38800.30190.25051.36050.73504.50613.31210.221951.46930.68065.86663.99270.17056.1.58690.63027.33594.62290.13630.21631.71380.5835Eka2285.20640.11210.19218.1.85090.540310.63665.74660.09400.17409.1.99900.500212.48766.24690.08010.1601102.15890.463214.48666.71010.06900.1490112.33160.428916.64557.13900.06010.1401122.51820.397118.97717.53610.05270.13272.71960.367721.49537.90380.04650.1265132.93720.340524.21498.24420.04130.1213143.172227.15218.55950.03680.1168150.3152PrintDone Compare the intarost eamed by $8,000 for five years at 8% simple interest with interest earmed by the same amount for five years at 8% compounded annaly Why does a diference occur?Cick the icon to view the interest and annuity table for discrete compounding when i% per yearThe simple interest eamed is (Round to the nearest dollar)

Simple interest: Simple interest is the amount of interest that is determined for a principal amount…

Compare the intarest earned by $8,000 for five years at 8% simpile interest with interest eamed by the same amount for five years at % compounded anly Why Bei Cick the icon to view the interest and annuty tatble for discrete compounding when % per year

Compare the intarest earned by $8,000 for five years at 8% simpile interest with interest eamed by the same amount for five years at % compounded anly Why Bei Cick the icon to view the interest and annuty tatble for discrete compounding when % per year

EBK CFIN

6th Edition

ISBN:9781337671743

Author:BESLEY

Publisher:BESLEY

Chapter4: Time Value Of Money

Section: Chapter Questions

Problem 22PROB

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Ty-ped and correct answer please. i ll rate accordingly

More Info
Discrete Compounding; i=8%
Single Payment
Uniform Series
Compound
Amount
Compound
Amount
Factor
Sinking
Fund
Capital
Recovery
Factor
Present
Present
Factor
Worth Factor
Worth Factor
Factor
To Find F
To Find P
Given F
To Find F
To Find P
To Find A
To Find A
Given P
A/P
Given P
Given A
Given A
Given F
F/P
P/F
FIA
PIA
A/F
1
1.0800
0.9259
1.0000
0.9259
1.0000
1.0800
2
1.1664
0.8573
2.0800
1.7833
0.4808
0.5608
3
1.2597
0.7938
3.2464
2.5771
0.3080
0.3880
0.3019
0.2505
1.3605
0.7350
4.5061
3.3121
0.2219
5
1.4693
0.6806
5.8666
3.9927
0.1705
6.
1.5869
0.6302
7.3359
4.6229
0.1363
0.2163
1.7138
0.5835
Eka228
5.2064
0.1121
0.1921
8.
1.8509
0.5403
10.6366
5.7466
0.0940
0.1740
9.
1.9990
0.5002
12.4876
6.2469
0.0801
0.1601
10
2.1589
0.4632
14.4866
6.7101
0.0690
0.1490
11
2.3316
0.4289
16.6455
7.1390
0.0601
0.1401
12
2.5182
0.3971
18.9771
7.5361
0.0527
0.1327
2.7196
0.3677
21.4953
7.9038
0.0465
0.1265
13
2.9372
0.3405
24.2149
8.2442
0.0413
0.1213
14
3.1722
27.1521
8.5595
0.0368
0.1168
15
0.3152
Print
Done

Compare the intarost eamed by $8,000 for five years at 8% simple interest with interest earmed by the same amount for five years at 8% compounded annaly Why does a diference occur?
Cick the icon to view the interest and annuity table for discrete compounding when i% per year
The simple interest eamed is (Round to the nearest dollar)

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