Compute the future value of the following: -

a. SI 00 invested for 5 years at 4 percent compounded annually

b. S500 invested for 15 periods at 2 percent compounded once per period

c. S200 invested for 8 years at 3 percent compounded semiannually

d. $2,500 invested tor 14 years at 8 percent compounded quarterly

e. $600 invested for 3 years at 12 percent compounded monthly 19. Compute the present value of the following:

a. $100 due in 30 years at 4 percent compounded annually

b. $250 due in 8 years at 8 percent compounded quarterly

c. $1,000 due in 2 years at 12 percent compounded monthly 20. Compute the amount (future value) of an ordinary annuity (an annuity in arrears) of the following:

a. 1 3 rental payments of $ 1 00 at 1 percent per period

b. 8 rental payments of $850 at 6 percent per period

c. 28 rental payments of $400 at 4 percent per period