1) $4000 deposited at 12% interest compounded monthly will grow to $43.57022 in 20 years. What is 1) the I, n, P, and F for this situation? A) 12%=20;$4000;$43,570.22 B) 0.15;240:$43,570:22;$4000 C) 0.01:20;$4000:$43,570.22 D) 0.01: 240; $4000;$43,570.22 E) none of these 2) What is the compound amount after two years of $100 deposited at 10% interest compounded 2) annually? A) $121.55 B) $121 C) $112 D) $120 E) none of these 3) What is the present value of $2000 payable in five years at 6% interest compounded annually? 3) A) $1775.94 B) $1584.19 C) $1488.19 D) $1494.52 E) none of these SHORT ANSWER. Write the word or phrase that best completes each statement or answers the question. Express percents as decimals. Round dollar amounts to the nearest cent. 4) Which would be the better investment: 10.6% interest compounded annually or 10% 4) compounded daily? MULTIPLE CHOICE. Choose the one alternative that best completes the statement or answers the question. 5) Is it more profitable to receive $9000 now or $23,000 in 12 years? Assume that money can earn 8% interest compounded quarterly. 5) A) $23,000 in 12 years B) 59000 now 6) Calculate the amount after flive years if $2000 is deposited at 13% simple interest. b) A) $3754.27 B) $3684.87 C) $3300.00 D) $3791.68 E) nane of these