a. Find the amount accumulated FV in the given annuity account. (Assume end-of-period deposits and compounding at the same intervals as deposits. Round your answer to the nearest ten dollars.)

$400 deposited monthly for 20 years at 5% per year

b.

Find the amount accumulated FV in the given annuity account. (Assume end-of-period deposits and compounding at the same intervals as deposits. Round your answer to the nearest cent.)

$400 is deposited monthly for 10 years at 4% per year in an account containing $5,000 at the start

FV = $

c.

Find the periodic payments PMT necessary to accumulate the given amount in an annuity account. HINT [See Quick Example 2.] (Assume end-of-period deposits and compounding at the same intervals as deposits. Round your answer to the nearest cent.)

$90,000 in a fund paying 6% per year, with monthly payments for 5 years

d.

Find the periodic payments PMT necessary to accumulate the given amount in an annuity account. HINT [See Quick Example 2.] (Assume end-of-period deposits and compounding at the same intervals as deposits. Round your answer to the nearest cent.)

$70,000 in a fund paying 3% per year, with monthly payments for 10 years, if the fund contains $20,000 at the start

e.

Find the present value PV of the annuity account necessary to fund the withdrawal given. (Assume end-of-period withdrawals and compounding at the same intervals as withdrawals. Round your answer to the nearest cent.)

$900 per month for 20 years, if the account earns 3% per year

PV = $

f.

Determine the periodic payments on the given mortgage. HINT [See Example 5.] (Round your answer to the nearest cent.)

a $1,000,000, 32-year, 5.1% mortgage with monthly payments