Topic
Q:
ind the present value of an ordinary annuity which has payments of \( \$ 1000 \) per year for 19 years at \( 7 \% \) compounded
innually.
The present value is \( \$ \square \).
Round to the nearest cent.)
Q:
Ho w much time is needed for
\( \$ 1800 \) to accumulate \( \$ 360 \mathrm{in} \) simple
interest at \( 8 \% \)
Q:
Find the compound amount for the deposit and the amount of interest earned.
\( \$ 1000 \) at \( 6 \% \) compounded annually for 2 years
The compound amount after 2 years is \( \$ \square \).
(Do not round until the final answer. Then round to the nearest cent as needed.)
The amount of interest earned is \( \$ \square \).
(Do not round until the final answer. Then round to the nearest cent as needed.)
Q:
Find the interest rate for the given deposit and compound amount.
\( \$ 4200 \) accumulating to \( \$ 5994.78 \), compounded monthly for 6 years.
The interest rate is \( \square \% \).
(Do not round until the final answer. Then round to the nearest hundredth as needed.)
Q:
\( 1 \leftarrow \quad \) Find the interest rate for the given deposit and compound amount.
Q:
Incentive \( A \) is \( \$ 10,000 \) off the price
of the cur and then paying the balance
plus \( 12.5 \% \) stent simple interEst for four
year.
Q:
\( p=10,000 \)
\( r=12.5 \% \)
\( T=4 \) year
Q:
Find the monthly house payments necessary to amortize a \( 7.2 \% \) loan of \( \$ 233,100 \) over 30 years.
Q:
1) \( \begin{aligned} P & =210,000 \\ R & =5 \% \\ T & =30\end{aligned} \)
Q:
Ialue of
A borrower had a loan of \( \$ 70,000.00 \) at \( 5 \% \) compounded annually, with 8 annual payments. Suppose the borrower paid
off the loan after 4 years. Calculate the amount needed to pay off the loan. 2 of 15.3 .
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