Question
Problem 5-1 Future Value (LG5-1) Compute the future value in year 9 of a $3,300 deposit in year 1, and another $2,800 deposit at the
Problem 5-1 Future Value (LG5-1)
Compute the future value in year 9 of a $3,300 deposit in year 1, and another $2,800 deposit at the end of year 5 using a 9 percent interest rate. (Do not round intermediate calculations and round your final answer to 2 decimal places.)
future value = ?
Problem 5-3 Future Value of an Annuity (LG5-2)
What is the future value of a $810 annuity payment over four years if interest rates are 8 percent? (Do not round intermediate calculations and round your final answer to 2 decimal places.)
future value = ?
Problem 5-7 Present Value of an Annuity (LG5-4)
What's the present value of a $870 annuity payment over four years if interest rates are 8 percent? (Do not round intermediate calculations and round your final answer to 2 decimal places.)
present value = ?
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