Question: F K L C D E G H 1 Calculate the future value, if you invest $500 each month for 40 years 2 Payment Monthly

F K L C D E G H 1 Calculate the future value, if you invest $500 each month for 40 years 2 Payment Monthly 3 Compounding Annually 4 PV 0 5 FV 2 6 Years 40 7 Annual Interest 8.00% 1 PM $500 9 10 Nominal 7.72% 11 Function FV $1,610,540 12 13 Calculate your monthly payment, assuming you have $10,000 on your credit card and you want to pay it off in 10 years. 14 Payment Monthly 15 Compounding Monthly 16 PV $10,000 17 F 0 18 Years 10 19 Annual interest 25.00% 20 PM 7 21 22 Function PMT 23 24 Calculate your monthly payment, assuming you have $10,000 on your credit card and you want to pay it off in 10 years. 25 Payment Monthly 26 Compounding Daily (365) 27 PV $10,000 28 PV 0 20 Years 30 Annual Interest 25.00% 31 PMT 2 32 33 Effect (Daly Comp calculate 25% compounded daily as eft rate 34 Nominat Monthly Como calculat nom assuming c33 is affrate 35 Formula PMT csc 3412 38 37 33 10 39

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