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i. Find the annual payments for an ordinary annuity and an annuity due for 10 years with a PV of $1,000 and an interest rate

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i. Find the annual payments for an ordinary annuity and an annuity due for 10 years with a PV of $1,000 and an interest rate of 10%. Round your answers to the nearest cent. Annual payment for ordinary annuity: $ Annual payment for annuity due: $ Download spreadsheet Time value of money-ebffo6.xdsx a. Find the FV of $1,000 invested to earn 12% after 5 years. Round your answer to the nearest cent. b. What is the investment's FV at rates of 0%,4%, and 30% after 0,1,2,3,4, and 5 years? Round your answers to the nearest cent. Choose the correct graph of future value as a function of time and rate. Note: blue line is for 0%, orange line is for 4%, and grey line is for 30%. The correct graph is c. Find the PV of $1,000 due in 5 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 5 years. What rate of return does the security provide? Round your answer to two decimal places. % e. Suppose California's population is 37.2 million people, and its population is expected to grow by 4% annually. How long 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 next 5 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: 5 FV of ordinary annuity: 5 g. How will the PV and FV of the annuity in part f change if it is an annuity due

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