Question: Compute for the Future Value and Interest. Future Value Time Principal/Present Value Rate Compounded Interest (Round to the nearest whole (Round to the nearest

Rate Compounded Interest (Round to the nearest whole (Round to the nearest

Compute for the Future Value and Interest. Future Value Time Principal/Present Value Rate Compounded Interest (Round to the nearest whole (Round to the nearest whole dollar, no decimal) dollar, no decimal) 2 years $15,000 8% quarterly 17575 X 2575 1 year $300 6% quarterly 9 months $2.550 4.80% monthly 1 year $300 16% quarterly X 318 2642 351 X 18 92 51 1 year $1,500 12% quarterly 188 X 1,688 Compute for the Annual Percentage Yield (APY) also known as the effective rate. Principal (Present Value) $8,000 Interest Rate 12% Compounded APY % (2 decimal places) annually X 12 $7,500 10% semi-annually X 10.25 $15,000 16% quarterly X 16.99 $1,000 6% semi-annually X 6.09 $25,000 12% quarterly * 12.55

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