These questions are about annuities in the subject, Mathematics of Finance

Question 5

Suppose you invest $160$160 at the end of every month for 66 years into an account earning 6%6% compounded monthly. After 66 years, you leave the money, without making additional deposits for another 2525 years earning interest at 6%6% compounded monthly. Answer the following questions, and round all answers to two decimal places if necessary. How much will you have in the account after 66 years? P/Y = C/Y = N = I/Y = % PV = $ PMT = $ FV = $ How much will you have in the account after 3131 years? P/Y = C/Y = N = I/Y = PV = $ PMT = $ FV = $

Question 6

Katelyn has already saved $6,000 in her investment account as of today, and she plans to contribute equal deposits of $3,900 at the end of every six months for the next 8 years. How much will be the accumulated value in her investment assuming the account earns 3.67% compounded quarterly? Round all the values to two decimal places.

BGN:
N=	I/Y= %	PV=
FV=	P/Y=	C/Y=
	PMT=

Question 7 Adriana invested $130 at the end of every six months for 44 years, followed by $290 at the end of every six months for 10 years. Her investment earned 8% compounded semi-annually for the entire 14 year period.

Answer the following questions, and round all answers to two decimal places if necessary. How much will Adriana have in the account after 4 years? P/Y = C/Y = N = I/Y = % PV = $ PMT = $ FV = $ How much will Adriana have in the account after 14 years? P/Y = C/Y = N = I/Y = PV = $ PMT = $ FV = $