Jim Rice made deposits of $450 at the end of each year for 7 years. The ratio is 12% compounded annually. The value of Jim's at end of years is: (Use the tables in the handbook) $3, 777.30 $4, 540.05 $3, 651.75 $3, 373.03 Mellisa Co. borrowed money that is to be repaid in 7 years. So that the loan will be paid back at end of 7th year, the company invests $12, 000 at end of each year at 12% compounded annually. The amount of original loan was (Use the tables in the handbook) $54, 768 $121, 680 $54, 678 $121, 068 How much will Bill Rodgers need to invest today so that he may withdraw $7, 000 each years, assuming a rate of 11%, compounded annually? (Use the tables in the handbook) $41, 233 $41, 322 $38, 759 $38, 597 Complete this ordinary annually. Amount of payments $700 Payment payable Quarterly Years 6 Interest rate 8% Value of annually