Calculate the future value of the following annuities, assuming each annuity payment is made at the end of each compounding period. (FV of S1, PV of S1, EVA of $1, and PVA of S1) (Use appropriate factor(s) from the tables provided. Round your answers to 2 decimal places.) Future Value of Annuity Annuity Annual Interest Period Payment Rate Compounded Invested 1 $ 3,000 71% Annually 2 6.000 8% Semiannually 9 years 3 5,000 12% Quarterly 5 years 6 years You would like to start saving for retirement. Assuming you are now 25 years old and you want to retire at age 55, you have 30 years to watch your investment grow. You decide to invest in the stock market, which has earned about 13% per year over the past 80 years and is expected to continue at this rate. You decide to invest $2,000 at the end of each year for the next 30 years. Required: Calculate how much your accumulated investment is expected to be in 30 years. (EV of $1. PV of $1 EVA of $1. and PVA of $1) (Use appropriate foctor(s) from the tables provided. Round your answer to 2 decimal places.) Accumulated investment amount ces Tatsuo has just been awarded a four-year scholarship to attend the university of his choice. The scholarship will pay $8,000 each year for the next four years to reimburse normal school-related expenditures. Each $8,000 payment will be made at the end of the year contingent on Tatsuo maintaining good grades in his classes for that year. Assuming an annual interest rate of 6%, determine the value today of receiving this scholarship if Tatsuo maintains good grades. (V of $1. PV of $1. FVA of $1, and PVA of $1) (Use appropriate factor(s) from the tables provided. Round your answer to 2 decimal places.) Present value of annuity Calculate the present value of the following annuities, assuming each annuity payment is made at the end of each compounding period. (FV of $1. PV of $1. FVA of Si, and PVA of $1 (Use appropriate factor(s) from the tables provided. Round your answers to 2 decimal places.) Present Value of Annuity 1 Annuity Annual Interest Period Payment Rate Compounded Invested $ 4,000 7 % Annually 5 years 9,000 8 % Semiannually 3,000 8 % Quarterly 2 3 3 years 2 years Calculate the future value of the following annuities, assuming each annuity payment is made at the end of each compounding period. (FV of S1, PV of S1, EVA of $1, and PVA of S1) (Use appropriate factor(s) from the tables provided. Round your answers to 2 decimal places.) Future Value of Annuity Annuity Annual Interest Period Payment Rate Compounded Invested 1 $ 3,000 71% Annually 2 6.000 8% Semiannually 9 years 3 5,000 12% Quarterly 5 years 6 years You would like to start saving for retirement. Assuming you are now 25 years old and you want to retire at age 55, you have 30 years to watch your investment grow. You decide to invest in the stock market, which has earned about 13% per year over the past 80 years and is expected to continue at this rate. You decide to invest $2,000 at the end of each year for the next 30 years. Required: Calculate how much your accumulated investment is expected to be in 30 years. (EV of $1. PV of $1 EVA of $1. and PVA of $1) (Use appropriate foctor(s) from the tables provided. Round your answer to 2 decimal places.) Accumulated investment amount ces Tatsuo has just been awarded a four-year scholarship to attend the university of his choice. The scholarship will pay $8,000 each year for the next four years to reimburse normal school-related expenditures. Each $8,000 payment will be made at the end of the year contingent on Tatsuo maintaining good grades in his classes for that year. Assuming an annual interest rate of 6%, determine the value today of receiving this scholarship if Tatsuo maintains good grades. (V of $1. PV of $1. FVA of $1, and PVA of $1) (Use appropriate factor(s) from the tables provided. Round your answer to 2 decimal places.) Present value of annuity Calculate the present value of the following annuities, assuming each annuity payment is made at the end of each compounding period. (FV of $1. PV of $1. FVA of Si, and PVA of $1 (Use appropriate factor(s) from the tables provided. Round your answers to 2 decimal places.) Present Value of Annuity 1 Annuity Annual Interest Period Payment Rate Compounded Invested $ 4,000 7 % Annually 5 years 9,000 8 % Semiannually 3,000 8 % Quarterly 2 3 3 years 2 years
