Time in years (n) Present Value (PV) Future Value (FV) Interest rate and compound frequency (I/Y) 5% compounded quarterly Payment and frequency (PMT) $252.92 at the beginning of the quarter $3,562.47 per month (end) 8 years Not Applicable b 5 years and 6 months Not Applicable 6 % compounded quarterly 12 % compounded semi-annually $ 8 years per beginning of $16,536.38 Not Applicable the year d 8.75 % compounded annually years Not Applicable $7,525.10 $400 per quarter (end) $2,500 at the beginning of every 6 months 25 payments $47,083.38 Not Applicable % compounded monthly