Question

1. $5000.00 compounded annually at 6% for 5 years= Answer $6,691.13?

2. $5000.00 compounded quartley at 6% for 5 years= Answer $6,719.58?

3. $5000.00 compounded quartley at 65 FOR 5 YEARS= Answer $6,734.28?

4. $5000.00 compounded annually at 6% FOR 6 YEARS= Answer $7,092.60?
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7. $7000.00 in 5 years at an annual discount rate of 6%= Answer $5,230.81?

8. $7000.00 in 5 years at an semiannual discount rate of 6%= Answer $5,208.66?

9. $7000.00 in 5 years at an quartley discount rate of 6%= Answer $5,197.29?

10. $7000.00 in 6 years at an annual discount rate of 6%= Answer $4,934.72?

Answer 1

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Answer 2

2. $5000.00 compounded quartley at 6% for 5 years= Answer $6,719.58?

.06/4 = .015
1.015^20 = 1.34686
* 5000 = 6734.28

3. $5000.00 compounded quartley at 65 FOR 5 YEARS= Answer $6,734.28?

6.5 I assume
.065/4 = .01625
1.01625^20 = 1.38042
*5000 = 6902.10

Answer 3

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