1. $100,000 is invested for five years at a quarterly compounded rate of 2.25%.What are the proceeds?...
Question:
1. $100,000 is invested for five years at a quarterly compounded rate of 2.25%.What are the proceeds?
2.$100,000 is invested for five years at a quarterly compounded rate of 2.25%.What are the proceeds?
Please fill in this box using the result of the previous question 1, these two questions are the same.
Note: Please round up your answer to the nearest integer
(e.g., if your answer is 170.1 -> you need to write down 170 in the blank
if your answer is 170.7 -> you need to write down 171 in the blank
3.$1,000,000 is deposited in a bank today, October 1, for five months at a rate of 2%.What are the proceeds?
Please show your calculation process to get partial credits.
4.$1,000,000 is deposited in a bank today, October 1, for five months at a rate of 2%.What are the proceeds?
Please fill in this box using the result of the previous question 3, these two questions are the same.
Note: Please round up your answer to the nearest integer
(e.g., if your answer is 170.1 -> you need to write down 170 in the blank
if your answer is 170.7 -> you need to write down 171 in the blank)
5.What is the present value of $100,000 in five years at a 2.5% discount rate compounded semi-annually?
Please show your calculation process to get partial credits
6.
What is the present value of $100,000 in five years at a 2.5% discount rate compounded semi-annually?
Please fill in this box using the result of the previous question 5, these two questions are the same.
Note: Please round up your answer to the nearest integer
(e.g., if your answer is 170.1 -> you need to write down 170 in the blank
if your answer is 170.7 -> you need to write down 171 in the blank)