1. The future value of a series of payments, with interest compounded when the payments are made?...

Question:

1. The of a series of payments, with interest compounded when the payments are made?
2. The simple interest earned on an investment
3. The present value of a series of payments, with interest compounded when the payments are made
4. The of an investment that earns interest compounded periodically
5. The regular payment size needed to amortize a debt, when interest is compounded when the payments are made
6. The of an investment that earns interest compounded continuously
Identify which of the following formulas applies to each situation in Problems.
I = Prt ______ S = P(1 + i)n __________ S = Pert

Future Value
Future value (FV) is the value of a current asset at a future date based on an assumed rate of growth. The future value (FV) is important to investors and financial planners as they use it to estimate how much an investment made today will be worth...