NAME: CLASS: Fall 2019 1. TVM - BONUS QUIZ Calculate the present value of $2.75 million to be received in 30 years assuming an annual interest rate of 10% 157,598.50 2. Calculate the future value of $18,000 invested for 25 years assuming an annual interest rate of 12%, compounded monthly. 3. How many years does it take to accumulate $500,000 assuming a 6% annual interest while starting with an initial deposit of $100,000 4. Calculate the future value of an ordinary annuity of $7,000 paid annually for 20 years, assuming an annual earnings rate of 7%. .286968.40 5. Calculate the quarterly payment to be received over 5 years from a single investment of $75,000 earning 14%, compounded quarterly