Question: Conditions: Known: 1. Present value 2. Future value 3. Routine deposit/withdrawal Determine: 4. Present value 5. Future value 6. Routine deposit/withdrawal Interest added: 7. Once

Conditions: Known: 1. Present value 2. Future value 3. Routine deposit/withdrawal Determine: 4. Present value 5. Future value 6. Routine deposit/withdrawal Interest added: 7. Once 8. Periodically Miscellaneous: 9. One time deposit/withdrawal Which set of conditions above apply to the following scenario: Ten months ago Marie started making $200 monthly car payments. Based on 6% annual rate of interest (compounded monthly), what is the value of Marie's payments today? Identify the conditions (provide the correct numbers from the conditions listed above): 1. A = P(1 + in) 2. P= A (1 + in) 3. A=P(1 + i) 4. P= A (1 + i)" 5. A=R[(1 + i)" - 1] 6. R= (1+i) - 1 7. A =R[1-(1+i)="] 8. R = AI 1-(1 + i)

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