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a. Find the FV of $1,000 invested to earn 10% after 6 years. Round your answer to the nearest cent. $ b. What is the
a. Find the FV of $1,000 invested to earn 10% after 6 years. Round your answer to the nearest cent. $ b. What is the investment's FV at rates of 0%,4%, and 25% after 0,1,2,3,4, and 5 years? Round your answers to the nearest cent. Choose the correct graph of future value as a function of time and rate. Note: blue line is for 0%, orange line is for 4%, and grey line is for 25%. The correct graph is B. C. PV of annuity due: $ FV of annuity due: $ FV with semiannual compounding: \$ PV with semiannual compounding: \$ i. Find the annual payments for an ordinary annuity and an annuity due for 12 years with a PV of $1,000 and an interest rate of 9%. Round your answers to the nearest cent. Annual payment for ordinary annuity: $ Annual payment for annuity due: $ j. Find the PV and the FV of an investment that makes the following end-of-year payments. The interest rate is 9%. Round your answers to the nearest cent. PV of investment: \$ FV of investment: \$ the payments be to each bank? Round your answers to the nearest cent. 4. Even if the five banks provided the same effective annual rate, would a rational investor be indifferent between the banks? It is more likely that an investor would prefer the bank that compounded frequently. balances. Round your answers to the nearest cent. If your answer is zero, enter " 0 ". Choose the correct graph that shows how the payments are divided between interest and principal repayment over time. The correct graph is A. Repayment of Principal (\$) Interest (\$) C. Repayment of Principal (\$) Interest (\$) Repayment of Principal (\$) Interest (\$) Repayment of Principal (\$) Interest (\$)
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