Question
If you don't feel like answering all the questions can you at least provide the equations or formulas to solving them? 2. What is the
If you don't feel like answering all the questions can you at least provide the equations or formulas to solving them?
2. What is the FV of a 6 year, $451 annuity due if the annual interest rate is 5%?
3. What is the annual interest rate that would cause $200 to grow to $289 in 8 years?
4. What is the future value of a 6-year, $203 ordinary annuity if the annual interest rate is 5%?
5. What is the PV of a 6 year, $289 annuity due if the annual interest rate is 5%?
6. What is the value of a perpetuity that makes a payment of $155 per year? Assume the current interest rate is 4%.
7. What is the PV of a 6 year, $870 ordinary annuity if the annual interest rate is 5%?
8. What is the PV of 1,570 to be received in 5 years if the interest rate is 3%, annual compounding?
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