1A

1B

Find the future value for the ordinary annuity with the given payment and interest rate. PMT = $2,000; 1.45% compounded quarterly for 10 years. The future value of the ordinary annuity is $[ (Do not round until the final answer. Then round to the nearest cent as needed.) Find the monthly house payments necessary to amortize a 10.8% loan of $247,900 over 20 years. The payment size is $ (Round to the nearest cent.) Find the future value for the ordinary annuity with the given payment and interest rate. PMT = $2,000; 1.45% compounded quarterly for 10 years. The future value of the ordinary annuity is $[ (Do not round until the final answer. Then round to the nearest cent as needed.) Find the monthly house payments necessary to amortize a 10.8% loan of $247,900 over 20 years. The payment size is $ (Round to the nearest cent.)