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a. Find the FV of $1,000 invested to earn 8% after 6 years. Round your answer to the nearest cent. (1586.87) c. Find the PV

a. Find the FV of $1,000 invested to earn 8% after 6 years. Round your answer to the nearest cent. (1586.87)

c. Find the PV of $1,000 due in 6 years if the discount rate is 8%. Round your answer to the nearest cent. (630.17)

h. What will the FV and the PV for parts a and c be if the interest rate is 8% with semiannual compounding rather than 8% with annual compounding? Round your answers to the nearest cent.

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 6%. 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 6%.

Year Payment
1 $200
2 $300
3 $600

Round your answers to the nearest cent.

PV of investment: FV of investment:

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