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Download spreadsheet Time value of money-94ea9b. x is x a. Find the FV of $1,000 invested to earn 10% after 6 years. Round your answer

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Download spreadsheet Time value of money-94ea9b. x is x a. Find the FV of $1,000 invested to earn 10% after 6 years. Round your answer to the nearest cent. $ b. What is the investment's FV at rates of 0%,5%, and 20% after 0,1,2,3,4, and 5 years? Round your answers to the nearest cent. c. Find the PV of $1,000 due in 6 years if the discount rate is 10%. Round your answer to the nearest cent. d. A security has a cost of $1,000 and will return $3,000 after 6 years. What rate of return does the security provide? Round your answer to two decimal places. e. Suppose California's population is 35.4 milion people, and its population is expected to grow by 4% annually. How lone will it take for the population to double? Round your answer to the nearest whole number. years f. Find the PV of an ordinary annuity that pays $1,000 each of the noct 6 years if the interest rate is 14%. Then find the FV of that same annuity. Round your answers to the nearest cent. PV of ordinary annuity: $ FV of ordinary annuity: 5 9. How will the PV and FV of the annuity in part f change if it is an annuity due rather than an ordinary arinuity? Round your answess to the nearest cent. 1. What effective annual rate does each bank pay? If you deposit $6,000 in each bank today, how much will you have in each bank at. the end of 1 year? 2 years? Round your answers to two dedimal places. 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 Bank A? Round your answers to two decimal places. 3. Suppose you don't have the $6,000 but need it at the end of 1 vear. You plan to make 7 series of deposits = annualyy ror A. semiannually for B, quarterly for C, monthly for D, and daily for E - with payments beginnino roday. How large must the payments La tw warh hank? Round your answers to the nearest cent

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