1.If you deposit $10 in an account that pays 5% interest, compounded annually, how much will you have at the end of 10 years?

Please put your answer in the format xxxxxx.xx (no $,no commas, 2 decimal places).

2. If you deposit $10 in an account that pays 5% interest, compounded annually, how much will you have at the end of 50 years?

Please put your answer in the format xxxxxx.xx (no $,no commas, 2 decimal places).

3. If you deposit $10 in an account that pays 5% interest, compounded annually, how much will you have at the end of 100 years?

Please put your answer in the format xxxxxx.xx (no $,no commas, 2 decimal places).

4. What is the balance in an account at the end of 10 years if $2,500 is deposited today and the account earns 4% interest, compounded quarterly?

Please put your answer in the format xxxxxx.xx (no commas, 2 decimal places).

5. How much will be in an account at the end of five years the amount deposited today is $10,000 and interest is 8% per year, compounded semi-annually?

Please put your answer in the format xxxxxx.xx (no $,no commas, 2 decimal places).

6. How much interest on interest is earned in an account by the end of 5 years if $100,000 is deposited and interest is 4% per year, compounded continuously?

Please put your answer in the format xxxxxx.xx (no $,no commas, 2 decimal places).

7. Suppose you deposit $100,000 in an account today that pays 6% interest, compounded annually. How long does it take before the balance in your account is $500,000?

8. How long does it take for your money to grow to ten times its original value if the interest rate of 5% per year?

9. How much would I have to deposit in an account today that pays 12% interest, compounded quarterly, so that I have a balance of $20,000 in the account at the end of 10 years?

10. Do not round intermediary calculations. Use full precision of your calculator or excel. Round final answer to 2 decimal places.

Please put your answer in the format xxxxxx.xx (no $,no commas, 2 decimal places).

12. Solve for the present value, PV, given:

Future value: $10,000 Interest rate:5% Number of periods:5

13. Do not round intermediary calculations.Use the full precision of your calculator or excel. Round final answer to 2 decimal places.

Please put your answer in the format xxxxxx.xx (no $,no commas, 2 decimal places).

14. Solve for the present value, PV, given:

Future value: $5,000 Interest rate:5.5% Number of periods:3

15. Do not round intermediary calculations.Use the full precision of your calculator or excel. Round final answer to 2 decimal places.

Please put your answer in the format xxxxxx.xx (no $,no commas, 2 decimal places).

16. Suppose I want to be able to withdraw $5,000 at the end of five years and withdraw $6,000 at the end of six years, leaving a zero balance in the account after the last withdrawal. If I can earn 5% on my balances, how much must I deposit today to satisfy my withdrawals needs?

Given: Hint -- There are two different future values. Treat as two separate present values, then combine.

. Do not round intermediary calculations. Use the full precision of your calculator or excel. The round final answer to 2 decimal places.

Please put your answer in the format xxxxxx.xx (no $,no commas, 2 decimal places).