Asked by Nashea
1. $5000.00 compunded annually at 6% for 5 years= $6,691.1279 or $6,312.38?
2. $5000.00 compounded quartley at 6% for 5 years= $6,719.5819 or 8,744.37?
3. $5000.00 compounded quartley at 65 FOR 5 YEARS= $6,734.2750 or 3,64.86?
4. $5000.00 COMPOUNDED ANNUALLY FOR AT 6% FOR 6 YEARS= $7,092.5956 or 6,943.62?
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7. $7000.00 in 5 years at an annual discount rate of 6%= $5,230.8072?
8. $7000.00 in 5 years at an semiannual discount rate of 6%= $5,208.6574?
9. $7000.00 in 5 years at an quartley discount rate of 6%= $5,197.2929?
10. $7000.00 in 6 years at an annual discount rate of 6%= $4,934.7238?
Answers
Answered by
bobpursley
I will do a few:
1: Value= 5000(1+i)^5=5000(1.06^5)=6691.13
4. Value= 5000(1+.06)^6=7092.60
8. PV= 7000/(1+.06/2)^10=5208.66
1: Value= 5000(1+i)^5=5000(1.06^5)=6691.13
4. Value= 5000(1+.06)^6=7092.60
8. PV= 7000/(1+.06/2)^10=5208.66
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