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answer all parts and show work please ancis You can Excel. alculator to complete this homework. Please document your answers. Answers without proper documentation will

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ancis You can Excel. alculator to complete this homework. Please document your answers. Answers without proper documentation will not receive full credit. If you decide to use Excel, you can upload the Excel file along with this document. If you do that, no additional documentation will be needed. Please round to two decimal places. Problem 1 Find the following values: a. The future value of a lump sum of $7,000 invested today at 9 percent, annual compounding for 7 years. b. The future value of a lump sum of $7,000 invested today at 9 percent, quarterly compounding for 7 years. c. The present value of $7,000 to be received in 7 years when the opportunity cost (discount rate) is 9%, annual compounding. d. The present value of $7,000 to be received in 7 years when the opportunity cost (discount rate) is 9% quarterly compounding. c. What is the effective annual rate (EAR) if the stated rate is 12% and compounding occurs monthly? f. What is the present value of an ordinary annuity who pays $2,500 per year for ten years at 8 percent? g. What is the present value of an annuity due who pays $2,500 per year for ten years at 8 percent? h. What is the future value of an ordinary annuity who pays $2,500 per year for ten years at 8 percent? i. What is the future value of an annuity due who pays $2,500 per year for ten years at 8 percent

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