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What is the future value of $100 invested at 5% for 6 years? What is the present value of $100 received in 6 years if

  1. What is the future value of $100 invested at 5% for 6 years?
  2. What is the present value of $100 received in 6 years if the interest rate is 5%
  3. What is the future value of $100 invested at the end of each year at 5% for 6 years
  4. What is the present value of $100 invested at the end of each year at 5% for 6 years?
  5. What is the FV of $100 invested at the beginning of each year at 5% for 6 years?
  6. What is the present value of $100 invested at the beginning of each year at 5% for 6 years?
  7. What is the PV of a perpetuity of $100 at an interest rate of 6%?
  8. What is the PV of a perpetuity of $100 growing at a rate of 2% per year and earning an interest rate of 6%?
  9. Suppose that the stated mortgage rate is 8% compounded monthly. What is the effective rate?

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