Question
Fill out the entire annuity chart # Payment and frequency (PMT) Time in years (n) Interest rate and compound frequency (I/Y) Present Value (PV) Future
Fill out the entire annuity chart
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# | Payment and frequency (PMT) | Time in years (n) | Interest rate and compound frequency (I/Y) | Present Value (PV) | Future Value (FV) |
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| a. | $425.50 per month (end) | 90 payments | 6 % compounded quarterly |
Not Applicable |
_______________ |
| b. | $____________ per every six months (end) | 8 years | 4 % compounded semi-annually |
$10,000 |
Not Applicable |
| c. | $985.55 per quarter (end) |
__________years | 17.85 % compounded monthly |
Not Applicable |
$1,000,000 |
| d. | $2,000 at the beginning of every six months |
12 years and 6 months |
____________% compounded monthly |
$37,000 |
Not Applicable |
| e. | $240 at the beginning of every 3 months | 39 months | 2.75% compounded semi-annually |
Not Applicable |
_______________ |
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Advanced Accounting
Authors: Joe Hoyle, Thomas Schaefer, Timothy Doupnik
10th edition
0-07-794127-6, 978-0-07-79412, 978-0077431808
