Question: 1. + -/1 points TanFin 12 5.2.006. My Notes + Ask Your Teacher Find the amount (future value) of the ordinary annuity. (Round your answer

 1. + -/1 points TanFin 12 5.2.006. My Notes + Ask

1. + -/1 points TanFin 12 5.2.006. My Notes + Ask Your Teacher Find the amount (future value) of the ordinary annuity. (Round your answer to the nearest cent.) $750/month for 16 years at 5%/year compounded monthly $ Need Help? Read It Watch It 2. + -/1 points TanFin 12 5.2.011. My Notes + Ask Your Teacher Find the present value of the ordinary annuity. (Round your answer to the nearest cent.) $1400/semiannual period for 7 years at 3%/year compounded semiannually $ Need Help? Read It Watch It 3. + -/1 points TanFin 12 5.2.025. My Notes + Ask Your Teacher Lupe made a down payment of $8000 toward the purchase of a new car. To pay the balance of the purchase price, she has secured a loan from her bank at the rate of 6%/year compounded monthly. Under the terms of her finance agreement she is required to make payments of $410/month for 60 months. What is the cash price of the car? (Round your answer to the nearest cent.) $ Need Help? Read It Watch It 4. + -/1 points TanFin 12 5.2.016. My Notes + Ask Your Teacher If Jackson deposits $100 at the end of each month in a savings account earning interest at a rate of 3%/year compounded monthly, how much will he have on deposit in his savings account at the end of 3 years, assuming he makes no withdrawals during that period? (Round your answer to the nearest ce $ Need Help? Read It

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