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9 and 10 please Name/Time: PV & FV Practice Problems In Class Homework Chapter 6 2 Page What amount must be invested on an annual

9 and 10 please image text in transcribed
Name/Time: PV & FV Practice Problems In Class Homework Chapter 6 2 Page What amount must be invested on an annual basis over nine annual periods at a 9% interest rate in order to accumulate $79,428.10? 8. 9. What are the number of periods required to produce a future amount of $25,459.50 from an initial deposit of S7.500 at 13% interest? Provide the journal entries for the following: A. 10. On January 1, 20x2 you deposited $12,000 in a CD at 10% compounded semi-annually (5%, 6 month periods). Maturity date is 12/31/20x5 On 3/15/x2 you establish an account to make quarterly payments of $2,500 beginning 3/31/20x2 and ending 1 2/31/20x3 ( 12%, quarterly). B

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