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Q1 Q2 Q3. Quiz: Chapter 0 Test - Math Review. This Question: 1 pt 4 of 8 (5 complete) rate Find the amount that should

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Quiz: Chapter 0 Test - Math Review. This Question: 1 pt 4 of 8 (5 complete) rate Find the amount that should be set aside today to yield the desired future amount. Use the table. Future amount Interest Compounding Investment needed period time $2,000 4% semiannually Click here to view page 1 of the table. Click here to view page 2 of the table. The amount that should be set aside today is $1(Round to the nearest cent as needed.) 4 years Definition Present value of $1.00 (page 1) Rate per period Periods 1% 1.5% 2% 2.5% 3% 1 0.99010 0.98522 0.98039 0.97561 0.97087 2 0.98030 0.97066 0.96117 0.95181 0.94260 3 0.97059 0.95632 0.94232 0.92860 0.91514 4 0.96098 0.94218 0.92385 0.90595 0.88849 5 0.95147 0.92826 0.90573 0.88385 0.86261 6 0.94205 0.91454 0.88797 0.86230 0.83748 7 0.93272 0.90103 0.87056 0.84127 0.81309 8 0.92348 0.88771 0.85349 0.82075 0.78941 9 0.91434 0.87459 0.83676 0.80073 0.76642 10 0.90529 0.86167 0.82035 0.78120 0.74409 11 0.89632 0.84893 0.80426 0.76214 0.72242 4 of 8 5 completo This Quiz: 8 ptspot said today to yeld the desired future amount. Use the table 1 Compounding Investment period time semiannually 4 years ble Cick here to view page the table de today is $C Round to the nearest best as needed 1 Definition Definition Present Value of $1.00 page 1) Rate per period Periods 1% 1.5% 2% 2.5% 3% 090010 098522 098039 097561 0.97087 0.98030 097056 0.96117 0.95181 0.94260 0.97069 0.95632 0.94232 0.92850 0 91514 4 0.96098 0.94218 0.92385 0.90595 088840 5 0.96147 0.92826 0.90573 0.88385 0.3261 6 0.94205 0.91454 0.88797 0.86230 0.83748 7 0.93272 0.90103 0.87056 0.84127 0.81300 B 0.92348 0.88771 085349 0.82075 078941 9 0.91434 0.87450 0.83676 080073 0.76642 10 0.90529 0.36167 082035 0.78120 0.74409 11 0.89632 0.84893 0.80426 0.702-14 0.72242 12 088745 0.83639 0.78849 0.74366 0.70138 13 0.87860 0.82403 0.77303 0.72542 0.68096 14 0.86996 0.81185 0.75730 0.70773 0.66112 15 0.86135 0.79985 0.74301 0.69047 0.64186 10 085282 0.78803 0.72845 0.67362 0.62317 17 0.84438 0.77639 0.71416 0.65720 0.00502 18 0.83602 0.75491 070016 0.64117 0.58739 19 0.82774 0.75361 0.68643 062853 0.57029 20 0.81964 074247 067297 0.61027 0.55368 Present value of $1.00 page 2) Rate per period Periods 5% 6% 8% 10% 0.96154 0.95238 0.94340 0.82.593 0.00000 2 0.92456 0.90703 0 80000 0.85734 0.82645 2 088900 0.66384 089062 0.79383 0.75131 4 0.85480 0 82270 79209 0.73503 0.68301 5 0.82193 0 78353 0.74720 0.88058 062092 6 0.79031 0.74622 0.7049 0.63017 0 56447 7 0.75092 0.71068 0.06500 0.56349 0.11315 0.73069 0.67684 0.52741 0.54027 046661 9 0.70259 0.64461 059100 050025 0.42410 10 0.67556 0.61391 055839 0.46319 038554 11 0.64956 0.56460 0.52679 0.4206035049 12 0.62460 055664 040697 0.39711 031063 13 0.60057 0.53032 046654058770 02896 14 0.57748 050007 044230 0 2016 026330 15 0.55526 0.48102 0.41727 031524 023039 16 0.53391 045811 039065 029109 021763 17 0.51337 0.43630 0.37136 027007 0.1974 18 049363 0.41552 0.36034025026 0 1796 19 0.47464 0.39573 0.33056 023171 016361 20 0.45630 0.37689 0.31180 021456 14664 wer box MacBook Air bul 32 80 820 . 26 19 $ % 5 & 7 8 6 9 4 Quiz: Chapter 0 Test - Math Review This Question: 1 pt 7 of 85 completel Find the future value and compound interest on $6.000 4% compounded semiannually for two years. Use the Future Value or Compound Amount of $1.00 Table or the future value and compound me Future Value of Compound Amount of $1.00 Future Value - $(Round to the nearest contas reded) Compound interests Round to the nearest cunt as needed Data Table Table Future Value or Compound Amount of $1.00 Rate per period Periods 1% 1.5% 2% 25% 3% 4% 5% 6% 8% 1 101000 1.01500 102000 102500 103000 1.04000 1.05000 106000 108000 2 1.02010 1.03023 104040 105063 105090 1.08100 1.10250 1.12360 1.16640 3 1.03030 1.01568 1.06121 1.07689 1.09273 1.12486 1.15763 1. 19102 1.25071 4 1.04060 1.05136 1.08243 1.10381 1.12551 1.16986 1.21551 1.26248 1.36049 6 1.05101 1.07728 1.10408 1.13141 1.15927 1 21665 1.27828 133823 1.46533 Table shows future Value (FV) of $1.00 compounded for periods at Rrate per period Table values can be generated using the formula FV51/1-R) Print Done Quiz: Chapter 0 Test - Math Review this Question: 1 pt 8 of 8 (5 complete) Find the interest paid on a loan of $2,100 for two years at a simple interest rate of 11% per year. The interest on the loan is $

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