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n i PV$1 FV$1 PVA FVA 4 8% .73503 1.36049 3.31213 4.5061 5 6% .74726 1.33823 4.21236 5.6371 60 .5% .74137 1.34885 51.72556 69.7700 You

n i PV$1 FV$1 PVA FVA
4 8% .73503 1.36049 3.31213 4.5061
5 6% .74726 1.33823 4.21236 5.6371
60 .5% .74137 1.34885 51.72556 69.7700

You want to have 30,000 at the end of 5 years to buy a new car. How much should you save each month to achieve your goal if you can earn 6%?

You want to buy a 25,000 car today and will be making monthly payments for the next 5 years. What is your car payment if your borrowing rate is 6%?

You invest 10,000 today in an account and will leave the money invested for 4 years. Your average investment rate is 8%, what amount will you have in the account at the end of the 4 years?

You plan to invest 1,000 every year for the next 5 years. what will be the value of your investment at the end of the 5 years if you can earn 6% annual interest?

Your grandparents have decided to give you 20,000 in 4 years for graduate school. Assuming your grandparents are earning 8% annually, how much do they need to invest today so that they aave 20,000 to give you in 4 years?

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