$16.$ Calculate the missing value:

Nominal Compounding Periodic

Interest rate $(\%)$ frequency interest rate $(\%)$

$9\%$ Quarterly $?$

Answer

$17.$ Calculate the missing value:

Nominal Compounding Periodic

Interest rate $(\%)$ frequency interest rate $(\%)$

$6\mathrm{.}5?1\mathrm{.}625$

Answer

$18.$ Calculate the Future value:

Nominal Compounding

PV $($$$)$ Term Rate $(\%)$ frequency

$42005(1)/(2)$ years $4\mathrm{.}5$ Quarterly

Answer

$19.$ Calculate the Present value:

Future Nominal Compounding

Value $($$$)$ Term rate $(\%)$ frequency

$5561\mathrm{.}282\mathrm{.}5$ years $8\mathrm{.}5$ Monthly

Answer

$20.$If interest is $3\mathrm{.}75\%$ and it is compounded monthly. If you want to have $$4000$ in an account in three years, how much should you deposit to that account today? Answer