• Remember to explain all your steps and to show all formulas you use before you put

  numbers into the equations. o First, write the formula o Second, substitute the numbers into the formulao Third, say what is left to compute o Fourth, compute

Question 3 Compute the following based on the charts (make sure to show your work per computation recall the directions): (3.1) Compute Present Value Future Value Years Interest Rate Present Value 4987 13% S Homework 2 (dragged).pdf (1 page) Q Search (3.4) Interest Rate Interest Rate Time (years) Present Value 100 Future Value 466 S S 20 (3.2) Compute Future Value Present Value S 123 Years Future Value Interest Rate 13% 13 (3.5) Calculate the effective annual rate (EAR) (3.3) Unknown time period Present Value 100 Time (years) APR Stated Rate Effective Rate Future Value 348 Interest Rate 12% Number of times compounded $ 5% Semiannually