c. Find the PV of $1,000 due in 6 years if the discount rate is 12%. Round your answer to the nearest cent. $ d. A security has a cost of $1,000 and will return $4,000 after 6 years. What rate of return does the security provide? Round your answer to two decimal places. % years PV of ordinary annuity: $ FV of ordinary annuity: $ g. How will the PV and FV of the annuity in part f change if it is an annuity due rather than an ordinary annuity? Round your answers to the nearest cent. PV of annuity due: $ FV of annuity due: $ 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 10%. Round your answers to cent. Annual payment for ordinary annuity: $ Annual payment for annuity due: Round your answers to the nearest cent. PV of investment: $ FV of investment: \$ k. Five banks offer nominal rates of 9% on deposits, but A pays interest annually, B pays semiannually, C pays quarterly, D pays mo 1. What effective annual rate does each bank pay? If you deposit $3,000 in each bank today, how much will you have in each ba 2. If the TVM is the only consideration, what nominal rate will cause all of the banks to provide the same effective annual rate as 3. Suppose you don't have the $3,000 but need it at the end of 1 year. You plan to make a series of deposits annually for A, s How large must the payments be to each bank? Round your answers to the nearest cent. 4. Even if the five banks provided the same effective annual rate, would a rational investor be indifferent between the banks? It is more likely that an investor would prefer the bank that compounded frequently. and ending loan balances. Round your answers to the nearest cent. If your answer is zero, enter "0