Questions


1. What's the offer appreciate of a $600 annuity acquittal aggravate five years if concern reprimands are 9 percent? ( Do not complete middle calculations and complete your ultimate retort to 2 decimal places.)

2. What is the advenient appreciate of $650 defenceed for one year earning an concern reprimand of 8 percent per year? ( Do not complete middle calculations. Enter your retort as a undiminished.) 

3. Compute the advenient appreciate in year 7 of a $4,600 defence in year 1, and another $4,100 defence at the end of year 4 using an 8 percent concern reprimand. ( Do not complete middle calculations and complete your ultimate retorts to 2 decimal places.)

4. Compute the offer appreciate of a $5,100 defence in year 3, and another $4,600 defence at the end of year 6 using an 9 percent concern reprimand. ( Do not complete middle calculations and complete your ultimate retort to 2 decimal places)

5. If the offer appreciate of an inferior, 6 years annuity is $5,600 and concern reprimands are 7.5 percent, what's the offer appreciate of the corresponding annuity due? ( Complete your retort to 2 decimal places.)

6. Compute the offer appreciate of $1,150 hired in the three years using the forthcoming allowance reprimands: 6 percent in the primeval year, 7 percent in the relieve year, and 8 percent in the third year. ( Do not complete middle calculations. Complete your retort to 2 decimal places.)

7. What is the offer appreciate of a $2,000 acquittal made in five years when the allowance reprimand is 9 percent? ( Do not complete middle calculations. Complete your retort to 2 decimal places.)

8. ( Must be produced on Excel Sheet) A mortgage is offered after a while monthly acquittals and a 9.00 percent APR. What's the mortgage's powerful annual reprimand (EAR)? (Do not complete middle and complete your ultimate retort to 2 decimal places.) 

Payments per year                      12

APR                                             9.00%

Complete the forthcoming resolution. Do not denseenedened enactment appreciates in your calculations.

EAR

9. ( Must be produced on Excel Sheet) Compute the percent appreciate of $ 4,800 hired in two years using the forthcoming allowance reprimands: 8 percent in the primeval year and 7 percent in the relieve year. ( Do not complete middle calculations and complete your retort to 2 decimal places. 

Future appreciate                        $ 4,800

Number of years                           2

Interest reprimand primeval year              8.00%

Interest reprimand relieve year            7.00%

Complete the forthcoming resolution. Do not denseenedened enactment appreciates in your calculations.

Value two years from today

Value one year from today

Present appreciate