Payment and frequency (PMT) Time in years (n) Interest rate and compound frequency (I/Y) Present Value (PV) Future Value (FV) $500.00 per quarter (end) 5 years 5% compounded quarterly ______________ Not Applicable $241.63 per month (end) 69 payments 6 ¾ % compounded monthly Not Applicable _______________ $____________ per quarter 7 years and 3 months 3 % compounded semi-annually $8,000.00 Not Applicable $445.30 per month __________years 7.45 % compounded quarterly Not Applicable $24,788.40 $2,000 beginning of every six months 12 ½ years _______compounded quarterly $46,000 Not Applicable
Payment and frequency (PMT) Time in years (n) Interest rate and compound frequency (I/Y) Present Value (PV) Future Value (FV) $500.00 per quarter (end) 5 years 5% compounded quarterly ______________ Not Applicable $241.63 per month (end) 69 payments 6 ¾ % compounded monthly Not Applicable _______________ $____________ per quarter 7 years and 3 months 3 % compounded semi-annually $8,000.00 Not Applicable $445.30 per month __________years 7.45 % compounded quarterly Not Applicable $24,788.40 $2,000 beginning of every six months 12 ½ years _______compounded quarterly $46,000 Not Applicable
Chapter5: The Time Value Of Money
Section: Chapter Questions
Problem 7P
Related questions
Question
|
Payment and frequency (PMT) |
Time in years (n) |
Interest rate and compound frequency (I/Y) |
Present Value (PV) |
(FV) |
|
$500.00 per quarter (end) |
5 years |
5% compounded quarterly |
______________ |
Not Applicable |
|
$241.63 per month (end) |
69 payments |
6 ¾ % compounded monthly |
Not Applicable |
_______________ |
|
$____________ per quarter |
7 years and 3 months |
3 % compounded semi-annually |
$8,000.00 |
Not Applicable |
|
$445.30 per month |
__________years |
7.45 % compounded quarterly |
Not Applicable |
$24,788.40 |
|
$2,000 beginning of every six months |
12 ½ years |
_______compounded quarterly |
$46,000 |
Not Applicable |
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