FIN 370 Course Great Wisdom / tutorialrank.com FIN 370 Course Great Wisdom / tutorialrank.com | Page 24

· 5-5
· 5-7
· 5-12
· 5-15
· 5-39( Calculate monthly payment only)
5-1FutureValue Compute the future value in year 9 of a $ 2,000 deposit in year 1 and another $ 1,500 deposit at the end of year 3 using a 10 percent interest rate.
5-3 Future Value of an Annuity What is the future value of a $ 900 annuity payment over five years if interest rates are 8 percent?
5-5 Present Value Compute the present value of a $ 2,000 deposit in year 1 and another $ 1,500 deposit at the end of year 3 if interest rates are 10 percent.
5-7 Present Value of an Annuity What’ s the present value of a $ 900 annuity payment over five years if interest rates are 8 percent?