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1. What is the accumulated value of $500 invested for 14 years at 4.6% p.a. compounded (3) annually? 0:) semi-annually? (c) quarterly? (d) monthlyf? (Round
1. What is the accumulated value of $500 invested for 14 years at 4.6% p.a. compounded (3) annually? 0:) semi-annually? (c) quarterly? (d) monthlyf? (Round the nal answer to the nearest cent as needed. Round all intermediate values to six decimal places as needed.) 2. Find the present value and the compound discount of $4452.92 due 8 years from now if money is worth 2.4% compounded quarterly. The present value of the money is $? (Round to the nearest cent as needed. Round all intermediate values to six decimal places as needed.) 3. Find the present value and the compound discount of $4000 due in seven years and six months if interest is 8.8% compounded quarterly. The present value is $? (Round the nal answer to the nearest cent as needed. Round all intermediate values to six decimal places as needed.) 4. A loan of $3500 is due in 7 years. If money is worth 3.1% compounded annually, nd the equivalent payments that would settle the debt at the times shown below. (a) now (b) in2 years (c) in 7 years (d) in 11 years (Round the nal answer to the nearest cent as needed. Round all intermediate values to six decimal places as needed.) 5. A debt of $2201.73 is due December 1, 2021. What is the value of the obligation on September 1, 2018, if money is worth 3% compounded quarterly? The value of the obligation is $? (Round to the nearest cent as needed. Round all intermediate values to six decimal places as needed.)
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