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C D H PV and FV Calculations for Annuities with compounding periods less than 1 Year Solve for the values required in the green cells

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C D H PV and FV Calculations for Annuities with compounding periods less than 1 Year Solve for the values required in the green cells Before attempting this problem, read the handout "Impact of Comounding Periods located in the Handouts folder Parta: assume problems 1 & 2 refer to ordinary annuities PV fv r 6.0% 1 2 n 9 8 m 4 12 PMT 800 950 Part b: assume problems 1 & 2 refer to annuities due 2.9% 3 4 35 15 12 2 525 640 Partc: You want to retire at age 65. You plan to save $300 per MONTH starting today, for the 40 years in between. If you can earn 5.25% (APR) over those years on your savings, how much will you have upon retirement? 5.25% 40 12 $ 300.00 Balance - Part d: A bank pays 2.8% interest on savings accounts, offering weekly compounding. What is the Effective Annual Rate (EAR) of these savings accounts? 2.80% me? 52 EAR You may use Exol Functions or Time Value formulas Do not round any calculations Solutions should be positive numbers Reference the values in the gray cells in your formulas nt name main

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