There are 12 payments of 2000 each are made at 2 year intervals.

What is the value of the series:

There are 12 payments of 2000 each are made at 2 year intervals. What is the value of the series: a. 2 years before the first payment date at annual effective rate i = 0.09? Answer: 14321.45 (Please report your answer to 2 decimal places) b. 7 years before the first payment date at nominal interest rate : 2) = 0.095? Answer: 16009.70 (Please report your answer to 2 decimal places) C. 24 months after the final payment at nominal interest rate ;(4) = 0.088? Answer: 27724.70 (Please report your answer to 2 decimal places) d. 22 months after the final payment at nominal discount rate (4) = 0.08? Answer: 40728.54 (Please report your answer to 2 decimal places) 5/2 a) Convert i to j (a 2-year effective rate), and find 20008121 b) Convert ;(2) toj (a 2-year effective rate), and find 2000a, (124 c) Convert 14) to j (a 2-year effective rate), and find 20005 121 d) Convert d(4) toj (a 2-year effective rate), and find 2000sizi;(1 + j)22/24 Try again There are 12 payments of 2000 each are made at 2 year intervals. What is the value of the series: a. 2 years before the first payment date at annual effective rate i = 0.09? Answer: 14321.45 (Please report your answer to 2 decimal places) b. 7 years before the first payment date at nominal interest rate : 2) = 0.095? Answer: 16009.70 (Please report your answer to 2 decimal places) C. 24 months after the final payment at nominal interest rate ;(4) = 0.088? Answer: 27724.70 (Please report your answer to 2 decimal places) d. 22 months after the final payment at nominal discount rate (4) = 0.08? Answer: 40728.54 (Please report your answer to 2 decimal places) 5/2 a) Convert i to j (a 2-year effective rate), and find 20008121 b) Convert ;(2) toj (a 2-year effective rate), and find 2000a, (124 c) Convert 14) to j (a 2-year effective rate), and find 20005 121 d) Convert d(4) toj (a 2-year effective rate), and find 2000sizi;(1 + j)22/24 Try again