Complete or fill in the entire chart for the below annuities by filling in all the blanks (3 each)          # 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 _____________

Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
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Complete or fill in the entire chart for the below annuities by filling in all the blanks (3 each)

 

 

     #

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

_____________

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