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Present Value Nominal Interest Rate Compounding Frequency Number of Compounding Periods Future Value 1. 12 $17,000 4.50% Annually 2. 24 $34,100 2.50% Semi-annually 3. 36

Present Value Nominal Interest Rate Compounding Frequency Number of Compounding Periods Future Value 1. 12 $17,000 4.50% Annually 2. 24 $34,100 2.50% Semi-annually 3. 36 $13,500 5.50% Quarterly 48 4. $30,750 Monthly 3.75%

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