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A. Adjustments: State the interest rate per period periods (m) in each ofthe following cases: and the number of 1. 6% per year, for 5

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A. Adjustments: State the interest rate per period periods (m) in each ofthe following cases: and the number of 1. 6% per year, for 5 years, compounded annually. 2. 6% per year, for 5 years, compounded semiannually. i 3. 6% per year, for 5 years, compounded monthly. B. Future Value: 1. Calculate the future value of s558.40 invested today for 10 years at 6% compounded annually. 2. future value of S558.40 invested today for 10 years at 6% compounded 3. A 12-year old is interested in going to college when she turns 18 years old. Today, January 1, Year 1, she receives $12,000 from a rich uncle which she invests in a special savings account that earns a 10% rate of interest. Calculate her future value. C. Present Value: Eight-year-old Hugh Mongus wishes to attend the World Wrestling Federation S in exactly 10 years. Assuming that his savings account pays Interest at a rate of 6% compounded annually, how much must Hughs father,"Rabid' Ron A. Mon deposit accumulate the si,000 entrance fee? D. ture value or Present value: You are offered an investment opportunity that will co and will return $1,500 at the end of six What of interest does this investment provide? 1. Future Value: 2. Present Value

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