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URGENT!! PLEASE HELP!!! Q5: What is the PV of an ordinary annuity with 10 payments of $2,500 if the appropriate interest rate is 5.5%? [$18,844.06]
URGENT!! PLEASE HELP!!!
Q5: What is the PV of an ordinary annuity with 10 payments of $2,500 if the appropriate interest rate is 5.5%?
[$18,844.06] PLEASE SHOW ALL WORK
Q6: How much would $1, growing at 13.8% per year, be worth after 75 years?
[$16,243.13] PLEASE SHOW ALL WORK
Q8: Janice has $5,000 invested in a bank that pays 9.4% annually. How long will it take for her funds to triple?
[12.23] PLEASE SHOW ALL WORK
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