1.What amount must be invested for 45 months at 4% compounded monthly to reach a Maturity...
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1.What amount must be invested for 45 months at 4% compounded monthly to reach a Maturity value of $9,300? (Round dollar values to two decimal places.) N = ?PV= ? FV=? How much interest ($) Is earned over the period? 2. You put $62,370 Into an investment account that earns 11.9% compounded quarterly for the first 3 years; and 6.2% compounded monthly for the next 7 years. In your rough work, it may be helpful to draw a timeline input all calculator values, show dollar amounts with 2 decimals ex 123456 Part 1: How much will be in the Investment account after the first 3 years N=? I/Y=? P/Y=? PV=? FV=? Part 2: How much will be in the investment account after the last 7 years? N=? I/Y=? P/Y=? PV=? FV=? 3.Scheduled payments of $725 due today and $1405 due in 24 months are to be replaced by two payments: a $1565 payment 15 months from today and an unknown payment at the focal date of 45 months from today. Money earns 10.2% compounded annually in your rough work, it may be helpful to draw a timeline with the appropriate focal date for The unknown payment. Using /Y-10.2, P/Y-1, and PMT O, determine the economically equivalent value for each payment at the focal date and enter the values in the blanks, Round dollar values to 2 decimal places. Round all dollar values to two decimal places. -Moving $725 due today to the focal date: N=? PV=? FV =? I -Moving $1405 due in 24 months to the focal date: N=? PV=? FV=? Moving $1565 due in 15 months to the focal date: A PV PV-? FV-? N=? The amount of the unknown payment at the focal date is =? 1.What amount must be invested for 45 months at 4% compounded monthly to reach a Maturity value of $9,300? (Round dollar values to two decimal places.) N = ?PV= ? FV=? How much interest ($) Is earned over the period? 2. You put $62,370 Into an investment account that earns 11.9% compounded quarterly for the first 3 years; and 6.2% compounded monthly for the next 7 years. In your rough work, it may be helpful to draw a timeline input all calculator values, show dollar amounts with 2 decimals ex 123456 Part 1: How much will be in the Investment account after the first 3 years N=? I/Y=? P/Y=? PV=? FV=? Part 2: How much will be in the investment account after the last 7 years? N=? I/Y=? P/Y=? PV=? FV=? 3.Scheduled payments of $725 due today and $1405 due in 24 months are to be replaced by two payments: a $1565 payment 15 months from today and an unknown payment at the focal date of 45 months from today. Money earns 10.2% compounded annually in your rough work, it may be helpful to draw a timeline with the appropriate focal date for The unknown payment. Using /Y-10.2, P/Y-1, and PMT O, determine the economically equivalent value for each payment at the focal date and enter the values in the blanks, Round dollar values to 2 decimal places. Round all dollar values to two decimal places. -Moving $725 due today to the focal date: N=? PV=? FV =? I -Moving $1405 due in 24 months to the focal date: N=? PV=? FV=? Moving $1565 due in 15 months to the focal date: A PV PV-? FV-? N=? The amount of the unknown payment at the focal date is =?
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