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bllfllllbl -v Luv ..... J For the following problems do not work them out. Identify the type of problem eaCh one 15 1- A company
bllfllllbl -v Luv ..... J For the following problems do not work them out. Identify the type of problem eaCh one 15 1- A company establishes an account for upgrading office equipment With monthly payTnnts o: $2,000 into an account paying 8.7% compounded monthly. How much will they have In the years? a. Future Value with compound interest b. Present Value with compound interest C. Future Value of an Annuity d. Present Value of an Annuity e. Sinking Fund f. Amortization 2 Invest Sun is offering a rate that pays 6.15% compounded monthly. What monthly depOSItS should be made to have $lO0,000 in 10 years? a. Future Value with compound interest b. Present Value With compound interest 0. Future Value of an Annuity d. Present Value of an Annuity e. Sinking Fund f. Amortization 3. The Tumers have purchased a house for $150,000. They made an initial down payment Of $30,000 and secured a mortgage with interest charged at the rate of 9% per year on the unpaid balance. What monthly payments Will the Tumers be required to make? a. Future Value with compound interest b. Present Value with compound interest c. Future Value of an Annuity d. Present Value of an Annuity rv, @ Wilflfl gift towards college education from her grandparents. fin in 17 years it is invested at 7% compounded quarterly? ottawa yu interest
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