Question: 1. Compute following based on chart (show your work) a. Compute Present Value Future value Years Interest Rate $498 7 13% b. Compute Future Value

1. Compute following based on chart (show your work)

a. Compute Present Value

Future value Years Interest Rate
$498 7 13%

b. Compute Future Value

Present Value Years Interest Rate
$123 13 13%

c. Compute time period (Years)

Present Value Future Value Interest Rate
$100 $348 12%

d. Compute the effective annual rate (EAR)

APR Stated Rate Number of times compounded Effective Rate
5% Semiannually ?

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