Chrome File Edit View History Bookmarks Profiles Tab Window Help G 74%% Q 2 Tue Oct 4 3:39:25 PM MMW Test 2 - MATH 104, sect C webassign.net/web/Student/Assignment-Responses/last?dep=29534999 1. [-/1 Points] DETAILS SMITHNM13 11.5.020. MY NOTES ASK YOUR TEACHER Use a calculator to evaluate an ordinary annuity formula A = m (1+ #)" -1 for m, r, and t (respectively). Assume monthly payments. (Round your answer to the nearest cent.) $150; 4%; 40 yr A = $ 2. [-/1 Points] DETAILS SMITHNM13 11.5.042. MY NOTES ASK YOUR TEACHER 4 Find the amount of periodic payment necessary for the deposit to a sinking fund. (Round your answer to the nearest cent.) $ Amount Needed Frequency Rate Time A $85,000 quarterly 1.3% 5 yr 4 3. [-/1 Points] DETAILS SMITHNM13 11.6.006. MY NOTES ASK YOUR TEACHER Use a calculator to evaluate the present value of an annuity formula P = m 1 - (1 +)m for the values of the variables m, r, and t (respectively). Assume n = 12. (Round your answer to the nearest cent.) $50; 6%; 5 yr