Question 1 1 pts When his daughter was born, Will deposited $5,000 into an account that guaranteed to pay 8% compounded quarterly. Which chart would he use to determine how much will be in the account 6 years from now? O Present Value of an Annuity Due O Future Value of an Annuity Compound Interest Sinking Fund Question 2 1 pts Rocky River School District recently issued a series of bonds that must be repaid in 20 years. What chart should the company use to determine how much they need to set aside each year in order to have the money they will need to retire the bonds? O Sinking fund Present value O Compound Interest O Present Value of an Ordinary Annuity Question 3 1 pts Martha plans to replace all of her office furniture in 5 years. She estimates that the cost will be $17,000 at that time. What chart would she use to determine how much she needs to invest today in order to have the money in five years. Sinking Fund Present Value of an Annuity Due Present value Future Value of an Annuity Question 4 1 pts Phineas is planning a three year voyage around the world. He plans to withdraw $30,000 from his travel account at the beginning of each year. What chart would he use to figure out how much to deposit in the travel account? O Present Value O Present Value of an Annuity Due Future Value of an Annuity O Compound Interest Question 5 1 pts Oscar contributes $5,000 every year into a savings account which earn 5% interest. He is interested in knowing how much should be in the account at the end of 10 years. Which chart should he use? O Sinking Fund O Compound Interest O Present Value of an Annuity Due Future Value of an Annuity Question 6 1 pts Marvel received an insurance settlement. She wants to invest part of the money in an account that will let her withdraw $10,000 at the end of each year. Which chart will help her figure out how much of the settlement to invest in the annuity? Present Value of an Ordinary Annuity O Present Value Compound Interest Future Value of an Annuity