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Red boxes are wrong answers, thanks! Part a : assume problems 1 & 2 refer to ordinary annuities r n m PMT pv fv 6.0%

Red boxes are wrong answers, thanks!

Part a: assume problems 1 & 2 refer to ordinary annuities
r n m PMT pv fv
6.0% 9 4 800 37,820.78
4.4% 8 12 950 76,760.08
Part b: assume problems 1 & 2 refer to annuities due
2.9% 35 12 525 (381,472.96)
3.3% 15 2 640 (15,048.22)
Part c:
You want to retire at age 65. You plan to save $300 per MONTH starting today, for the 40 years in between. If you can earn 5.25% (APR) over those years on your savings, how much will you have upon retirement?
5.25% 40 12 $ 300.00 Balance = 488,835.51
Part d:
A bank pays 2.8% interest on savings accounts, offering weekly compounding. What is the Effective Annual Rate (EAR) of these savings accounts?
2.80% m=? 12 EAR= $ 300.00

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