Question
7) Fill in the entire annuity chart! # Payment and frequency (PMT) Time in years (n) Interest rate and compound frequency (I/Y) Present Value (PV)
7) Fill in the entire annuity chart! # Payment and frequency (PMT) Time in years (n) Interest rate and compound frequency (I/Y) Present Value (PV) Future Value (FV) a $2900.11 per end of quarter 7 years 6% compounded quarterly Not Applicable _______________ b $____________ per beginning of the month 114 months 4 % compounded semi-annually $190,330.49 Not Applicable c $241.93 at end of every month __________years 12.75 % compounded monthly Not Applicable $1,000,000 d $2,000 at the beginning of every year 12 years _____% compounded quarterly $19,464.02 Not Applicable
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