Question: Remember to explain all your steps and to show all formulas you use before you put numbers into the equations. o First, write the formula

Remember to explain all your steps and to show all formulas

Remember to explain all your steps and to show all formulas you use before you put

numbers into the equations. o First, write the formula o Second, substitute the numbers into the formulao Third, say what is left to compute o Fourth, compute

Question 3 Compute the following based on the charts (make sure to show your work per computation recall the directions): (3.1) Compute Present Value Future Value Years Interest Rate Present Value 4987 13% S Homework 2 (dragged).pdf (1 page) Q Search (3.4) Interest Rate Interest Rate Time (years) Present Value 100 Future Value 466 S S 20 (3.2) Compute Future Value Present Value S 123 Years Future Value Interest Rate 13% 13 (3.5) Calculate the effective annual rate (EAR) (3.3) Unknown time period Present Value 100 Time (years) APR Stated Rate Effective Rate Future Value 348 Interest Rate 12% Number of times compounded $ 5% Semiannually

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