FUTURE VALUE OF A SINGLE AMOUNT:
		A	B	C	D	E	F
Present Value		200	4,500	10,000	25,000	37,000	40,000
Interest Rate Per Year		5%	8%	9%	10%	11%	12%
Number of Years		20	7	10	12	5	9
Future Value
PRESENT VALUE OF A SINGLE AMOUNT:
		A	B	C	D	E
Future Value		7,000	28,000	10,000	150,000	45,000
Interest Rate Per Year		12%	8%	14%	11%	20%
Number of Years		4	20	12	6	8
Present Value
1. Annuity
PRESENT VALUE OF AN ANNUITY
		A	B	C	D	E
Annuity Amount		12,000	55,000	700	140,000	22,500
Interest Rate Per Year		7%	12%	20%	5%	10%
Number of Years		3	15	9	7	5
Present Value
		PRESENT VALUE OF AN ANNUITY DUE
2. Annuity due
PRESENT VALUE OF AN ANNUITY DUE
		A	B	C	D	E
Annuity Amount		12,000	55,000	700	140,000	22,500
Interest Rate Per Year		7%	12%	20%	5%	10%
Number of Years		3	15	9	7	5
Present Value
	a	b
Annual payment	2,000	2,000
Interest Rate Per Year	10%	10%
Number of Years	40	30
Future value
	a	b
Annual payment	2,000	2,000
Interest Rate Per Year	10%	10%
Number of Years	40	30
Future value
Part a: Future value of a single amount compounded:
	A	B	C	D
Present Value	2,500	50,000	1,000	20,000
Interest Rate	6%	12%	5%	16%
Number of years	5	3	10	6
Compounding Frequency	2	6	1	4
Future value
Part b: Effective Annual Rate
	A	B	C	D
Present Value	2,500	50,000	1,000	20,000
Interest Rate	6%	12%	5%	16%
Number of years	5	3	10	6
Compounding Frequency	2	6	1	4
Effective Annual Rate =
	Single	Single	Life of	Approximate
Investment	Investment	Return	Investment	Interest Rate
A	5,000	8,400	6
B	5,000	15,900	15
C	5,000	7,600	4
D	5,000	13,000	10