Round interest rate, present value, payment amount and future value to 4 decimals. 1. To what amomts will the following investments accumulate? a $5,000 invested for 10 years at 10 percent compounded amnually. Quarterly. b. $8,000 invested for 7 years at 8 percent compounded annually. Semi-annually. c. $775 invested for 12 years at 12 percent compounded annually. Monthly. d. $21,000 invested for 5 years at 5 percent compounded annually. Monthly. 2. How many periods will the following take? a. $500 to grow to $1,039.50 if invested at 5 parcent compounded annually. Semi-amually. b. $35 to grow to $53.87 if invested at 9 percent compoumded annually. Quarterly. c. $100 to grow to $298.60 if invested at 20 percent compounded annually. Monthly. d. $53 to grow to $78.76 if invested at 2 percent compoumded annually. Monthly. 3. At what rate would the following have to be invested? a. $500 to grow to $1,948.00 in 12 years compounded annually. Semi-annually. b. $300 to grow to $422.10 in 7 years compounded annually. Quarterly. c. $50 to grow to $280.20 in 20 years compounded annually. Quarterly. d. $200 to grow to $497.60 in 5 years compounded annually. Monthly. 4. What is the present value of the following fiture amounts? a. $800 to be received 10 years from now discounted back to the present at 10 percent compounded quarterly. Compounded amually. b. $300 to be received 5 years from now discounted back to the present at 5 percent conapounded quarterly. Compoumded semi-anmually. c. $1,000 to be received 8 years from now discounted back to the pretent at 3 percent compounded quarterly. Compounded semi-amnually. d. $1,000 to be received 10 years from now discounted back to the present at 20 percent compounded quarterly. Compounded monthly. 5. Albert Smith made an initial $5,000 deporit in his account. If be deponits $50 at the end of every month (59 deponite) for 5 years at 3% what will be be avwiable to withdraw at the end of the 5 yearn? 6. Mary Franklin Smith made an initial $1,000 depoit in her account 3 months from today, If ahe deposits 525 every 3 months ( 39 deponits) for 10 years at 4.5% what will she be available to withdraw at the and of the 10 years? issignment/Problem Set 3 Template +8