Question: please help This is an activity assignment for Chapter 5 . Show your work by filling out the input table under each calculation question, and
This is an activity assignment for Chapter 5 . Show your work by filling out the input table under each calculation question, and then provide your answer. Late submission will NOT be accepted. (2. poent) You want to open a 5-year CD uxing 54,000 . The intereut rate is 3.5% and it compounded annually. How much will you have when the CD matures? anount that you are applyisig for? yeara) Q poing Ben and Jen are planaing for their wedding. The wedding day is 3 years from today. The wedding cost in $6,000, How much do they need to save, starting today, in cusry year so that they can reach their savings goal by the end of the third year. The interest rate they can get is 11%. 5. Saving plaseing (2 points) PV= PMT Set up your own savings plan, by fillieg out the following blanks AND cakulating your ending balance: - When you wast to start saving? - If yoo save money annually, bow moche are you able to put in? (choose a realist achievable amount) - How masy years do you plan to keep dounz thin? Based on the plan you created, ealealate your saviags reault. Suppose you can eam 5% interest per year on your savings, bow much will you get by the end of your svings time period? (Indicate your input value for N, 1, PV or PMT, and ealculate your IV)
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