Complete or fill in the entire chart for the below annuities by filling in all the blanks # Payment and frequency (PMT) Time in years (n) Interest rate and compound frequency (I/Y) Present Value (PV) Future Value (FV) 6) $370.00 per end of quarter 9 years 5% compounded quarterly Not Applicable _______________ 7) $100.00 per month 5 years 6 % compounded monthly ______________ Not Applicable 8) $__________per year 8 years 12 % compounded annually $10,000 Not Applicable 9) $2,000 per quarter __________years 8.75 % compounded quarterly Not Applicable $112,181.65 10) $3,000 every 6 months 24 payments ____________% compounded semi-annually $50,000 Not Applicable 11) $_________ monthly 15 years 18% compounded monthly Not Applicable $1,000,0000 12) $1,690 every 3 months _________ years 2 ¼ % compounded quarterly $172,206.19 Not Applicable 13) $5,204.90 monthly 7 years and 5 months 24% Compounded monthly Not Applicable _____________
Complete or fill in the entire chart for the below
|
# |
Payment and frequency (PMT) |
Time in years (n) |
Interest rate and compound frequency (I/Y) |
Present Value (PV) |
(FV) |
|
6) |
$370.00 per end of quarter |
9 years |
5% compounded quarterly |
Not Applicable |
_______________ |
|
7) |
$100.00 per month |
5 years |
6 % compounded monthly |
______________ |
Not Applicable |
|
8) |
$__________per year |
8 years |
12 % compounded annually |
$10,000 |
Not Applicable |
|
9) |
$2,000 per quarter |
__________years |
8.75 % compounded quarterly |
Not Applicable |
$112,181.65 |
|
10) |
$3,000 every 6 months |
24 payments |
____________% compounded semi-annually |
$50,000 |
Not Applicable |
|
11) |
$_________ monthly |
15 years |
18% compounded monthly |
Not Applicable |
$1,000,0000 |
|
12) |
$1,690 every 3 months |
_________ years |
2 ¼ % compounded quarterly |
$172,206.19 |
Not Applicable |
|
13) |
$5,204.90 monthly |
7 years and 5 months |
24% Compounded monthly |
Not Applicable |
_____________ |
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