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Monthly payments for 10 years, annual interest rate of 6% compounded monthly. Bi-weekly payments for 10 years , annual interest rate of 6% compounded bi-weekly.

Monthly payments for 10 years, annual interest rate of 6% compounded monthly.

Bi-weekly payments for 10 years, annual interest rate of 6% compounded bi-weekly.

Fill in the tables with the values you put in the calculator.

Select the better option (the least amount of total interest paid)

image text in transcribed
please if you could write it on paper thank you
PART 3 - Annuities - Comparing FREQUENCY of payments /4 Financial calculator MONTHLY COMPARISON #2 Present Value 32,000 Payment Amount Monthly payments for 10 years, annual interest rate of 6% compounded monthly. Future Value Bi-weekly payments for 10 years, annual interest rate of 6% compounded bi-weekly. Annual Interest rate Periods (number of payments) Fill in the tables with the values you put in the calculator. Compounding Monthly Select the better option (the least amount of total interest paid) Calculate Total Interest paid: Monthly Bi-weekly WEEKLY Present Value 32,000 Payment Amount Future Value 0 Annual Interest Rate Periods (number of payments) Compounding Bi-weekly Calculate Total Interest paid

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