1. How many years does it take for $1,000 grow to be $1,500, if interest rate is 12% compounded monthly?

BGN or END MODE ( choose one ) P/Y =

N= ?

I/Y=

PV=

PMT=

FV=

CPT , N =

Can you explain how you computed it for compunded monthly.

2. How many years does it take for $1,000 to grow to be $1,500, if interest rate is 12%?

BGN or END MODE ( choose one ) P/Y =

N= ?

I/Y=

PV=

PMT=

FV=

CPT , N=

3. What is the value of a three-year $100 annuity due after 3 years if interest rate is 26% compounded quarterly?

BGN or END MODE ( choose one ) P/Y =

N=

I/Y=

PV=

PMT=

FV=

CPT ,

4. What is the PV of a five-year $100 annuity due if interest rate is 26% compounded semi-annually?

BGN or END MODE ( choose one ) P/Y =

N=

I/Y=

PV=

PMT=

FV=

CPT,

5. What is the current value of a five-year $100 annuity if interest rate is 26% compounded annually?

BGN or END MODE ( choose one ) P/Y =

N=

I/Y=

PV=

PMT=

FV=

CPT,

6. What is the PV of a five-year $100 annuity if interest rate is 26% compounded semi-annually?

BGN or END MODE ( choose one ) P/Y =

N=

I/Y=

PV=

PMT=

FV=

CPT,