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# Payment and frequency (PMT) Time in years (n) Interest rate and compound frequency (I/Y) Present Value (PV) Future Value (FV) a) $158.00 semi- annually

#

Payment and frequency (PMT)

Time in years

(n)

Interest rate and compound frequency (I/Y)

Present Value (PV)

Future Value (FV)

a)

$158.00 semi- annually

15 years

5% compounded annually

Not Applicable

b)

$756.50 per end month

5 years

6 % compounded monthly

Not Applicable

c)

$ per quarter

61 payments

3 % compounded semi-annually

$16,000

Not Applicable

d)

$454.30 per year

years

7.54 % compounded quarterly

Not Applicable

$127,000

e)

$2,100 at beginning of every six months

132 months

compounded semi-annually

$36,600

Not Applicable

f).

$240 at the beginning of the year

40 years

2.54% compounded quarterly

Not Applicable

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