q8
q4
q5
Kelly Malone plans to have $50 withheld from her monthly paycheck and deposited in a savings account that earns 12% annually, compounded monthly. If Malone continues with her plan for two and one-half years, how much will be accumulated in the account on the date of the last deposit? (PV of \$1, FV of \$1. PVA of \$1, and FVA of \$1) Note: Use appropriate factor(s) from the tables provided. Round your final answer to 2 decimal places. Round "Table Factor" to 4 decimal places. C\&H Ski Club recently borrowed money and agreed to pay it back with a series of six annual payments of $5,100 each. At the same time, C\&H borrowed additional money and agreed to pay it back with a series of four annual payments of $7,650 each. The annual interest rate for both loans is 2%. (PV of \$1, EV of \$1, PVA of \$1, and FVA of \$1) Note: Use factor(s) from the tables provided. Round answers to nearest whole dollar. Round "Table Factor" to 4 decimal places. Complete this question by entering your answers in the tabs below. Use the correct table to find the present value of these two separate annuities. Note: Round amounts to the nearest dollar. Use the correct table to find the present value of these two separate annuities. Note: Round amounts to the nearest dollar. C\&H Ski Club recently borrowed money and agreed to pay it back with a series of six annual payments of $5,100 each. At the same time, C\&H borrowed additional money and agreed to pay it back with a series of four annual payments of $7,650 each. The annual interest rate for both loans is 2%. (PV of \$1, FV of \$1, PVA of \$1, and FVA of \$1) Note: Use factor(s) from the tables provided. Round answers to nearest whole dollar. Round "Table Factor" to 4 decimal places. Complete this question by entering your answers in the tabs below. Use the correct table to find the present value of these two separate annuities. Note: Round amounts to the nearest dollar: Otto Company borrows money on January 1 and promises to pay it back in four semiannual payments of $26.000 each on June 30 and December 31 of both this year and next year. (PV of \$1, FV of \$1, PVA of \$1, and FVA of \$1) Note: Use appropriate factor(s) from the tables provided. Round "Table Factor" to 4 decimal places. 1. How much money is Otto able to borrow if the interest rate is 4%, compounded semiannually? 2. How much money is Otto able to borrow if the interest rate is 8%, compounded semiannually? 3. How much money is Otto able to borrow if the interest rate is 10%, compounded semiannually? Complete this question by entering your answers in the tabs below. How much money is otto able to borrow if the interest rate is 4%, compounded semiannually? Otto Company borrows money on January 1 and promises to pay it back in four semiannual payments of $26,000 each on June 30 and December 31 of both this year and next year. (PV of \$1. FV of \$1, PVA of \$1, and FVA of \$1) Note: Use appropriate factor(s) from the tables provided. Round "Table Factor" to 4 decimal places. 1. How much money is Otto able to borrow if the interest rate is 4%, compounded semiannudily? 2. How much money is Otto able to borrow if the interest rate is 8%, compounded semiannually? 3. How much money is Otto able to borrow if the interest rate is 10%, compounded semiannually? Complete this question by entering your answers in the tabs below. How much money is otto able to borrow if the interest rate is 8%, compounded semiannually? Otto Company borrows money on January 1 and promises to pay it back in four semiannual payments of $26,000 each on June 30 and December 31 of both this year and next year. (PV of \$1, FV of \$1, PVA of \$1, and FVA of \$1) Note: Use appropriate factor(s) from the tables provided. Round "Table Factor" to 4 decimal places. 1. How much money is Otto able to borrow if the interest rate is 4%, compounded semiannusily? 2. How much money is Otto able to borrow if the interest rate is 8%, compounded semiannually? 3. How much money is Otto able to borrow if the interest rate is 10%, compounded semiannually? Complete this question by entering your answers in the tabs below. How much money is otto able to borrow if the interest rate is 10%, compounded semiannually
