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1. What will a deposit of $4,500 at 10% compounded semiannually be worth if left in a bank for six years? a. $7,972.02PV4500 b. $7,959.55FV$8,081.3510/2500*6

1. What will a deposit of $4,500 at 10% compounded semiannually be worth if left in a bank for six years?

a. $7,972.02PV4500

b. $7,959.55FV$8,081.3510/2500*6

c. $8,081.55NPER6

d. $8,181.55RATE10%Ans $8,081.35

PMT

2. What will a deposit of $5,000 at 10% compounded semiannually be worth if left in the bank for six years?

a. $8,979.28

b. $7,959.55PV 5000

c. $8,081.55FV?

d. $8,857.80 NPER6

RATE 10%10%

PMT

3. What will a deposit of $10,000 at 10% compounded semiannually be worth if left in the bank for six years?

a. $13,400.95

b. $17,958.56

c. $17,715.61

d. $31,384.28

4. What will a deposit of $10,000 at 11% compounded quarterly be worth if left in the bank for six years?

a. $61,650.00

b. $19,176.26

c. $122,391.56

d. $123,300

5. What will a deposit of $10,000 at 12% compounded quarterly be worth if left in the bank for six years?

a. $19,738.22

b. $151,786.28

c. $11,940.52

d. $20,327.94

6. What will a deposit of $10,000 at 9% compounded quarterly be worth if left in the bank for six years?

a. $17,057.66

b. $16,771.00

c. $79,110.83

d. $11,428.25

7. What will a deposit of $10,000 at 9% compounded quarterly be worth if left in the bank for five years?

a. $15,605.09

b. $15,386.23

c. $11,176.77

d. $56,044.10

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