Question: Hello please help me answer these questions about Compound Interest: Present Value. Thank you! EXERCISES 2.3 01. Using table 3. find the present value on
Hello please help me answer these questions about Compound Interest: Present Value. Thank you!

EXERCISES 2.3 01. Using table 3. find the present value on May I, Y of the sum of money, invested at the given rate, which is due on the specified date. F Maturity date i 1OOO May 1. Y+6 4% 1.500 May 1, Y+4 5% 2.250 May I, Y+10 7% 12,600 May I, Y+5 $5% 12 12. Using table 3, find the present value on May 1, Y of the sum of money, invested at the given rate, which is due on the specified date. F Maturity date i mi 1,250 May 1, Y+7 3% 2,500 May I, Y+3 12 1,500 May I. Y+5 8% 38 500 May 1, Y+2 7.5% 4 13. Find the present value of 1.000 for 20 years at a) 4% compounded annually b) 8% compounded quarterly- 04. Find the present value of 16,800 due at the end of 30 years and 6 months at a) 45% compounded annually b) 12% compounded semiannually- 05. What principal invested today will amount to 9,000 in 5 years if it is invested at 7% compounded quarterly? 06. What principal invested now will amount to 5,000 in 3 years if it is invested at 5% compounded monthly? 07. If money can be invested at 5% A. Accumulate 1,000 for 15 years. B. Discount the result of problem A for 10 years. C. Accumulate 1,000 for 5 years. Compare the results of B and C. 18. If money can be invested at 6%, A. Accumulate 8,000 for 12 years. B. Discount the result of problem A for 7 years. C. Accumulate 8,000 for 5 years. Compare the results of B and C. 19. At age 20, what amount should Jenny deposits at 6 1/8% every six months to receive 100,000 at age 30? 10. At the birth of the boy, what amount should his parents deposit at 7 1/8% every three months to provide the boy with 85.000 at age 15
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