answer question a,b,c.

AutoSave OFF AE sv XB-24.06 Student B Home Insert Draw Page Layout Formulas Data Review View Tell me Share Comments Calibri (Body) 10 v - = = = no ab Wrap Text General PUL! LU Insert v 9. Delete 28- O 5 Paste BI U CA ~ Merge & Center $ % ) .00 Ideas Sensitivity .00 20 Conditional Format Cell Formatting as Table Styles Format Sort & Filter Find & Select G6 x fx D E F G H J K L M N N O Q R S T A B Consider an investment scenario involving a level stream of three annual payments of $1,000 each i.e., an annuity). The first payment occurs at the beginning of the first year, and the subsequent payments occur at the beginning of each of the next two years. The invested balance will accrue interest at 8% per year,compounded annually. 1 Calculate the accumulated balance at the end of the third year. Use the approach illustrated in the text to demonstrate the intrinsic calculations, and then verify your answer by reference to the appropriate future value table. If you have a "business calculator, additionally verify your calculations using the future value functions included with your calculator. 2 [b] Show how your answer to part (a) would differ if you change the assumption to end of year" payments. 3 Using the future value tables, calculate how your answer to part (a) would differ if you change the assumption to six semiannual (beginning of period) $500 payments, with the 8% annual rate now being assumed to compound semiannually. 5 0 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 Problem Worksheet + Ready 100% AutoSave OFF AE sv B-24.06Student Home Insert Draw Page Layout Formulas Data Review View Tell me Share Comments X Calibri (Body) 10 v - AI = = ab Wrap Text General LU Insert v Delete Ayu O 5 Paste Ideas V V Merge & Center Sensitivity V BIU $ % ) .00 0 .00 Conditional Format Cell Formatting as Table Styles Format Sort & Filter Find & Select A1 - fx (a) B D E F G H J K L M N 0 P R S T (a) 1 2 3 4 5 6 7 8 9 (b) 10 11 12 13 14 15 16 17 18 (c) 19 20 21 22 23 24 25 26 27 28 29 30 31 32 Problem Worksheet + Ready 100%