BackTime Value of Money Equations quiz #3
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1/40BackSkip to main contentBackWhat is the present value of an ordinary annuity of \$2,800 per year for 5 years at 8% interest?
Use the present value annuity table for 5 periods at 8% to find the factor, then multiply by \$2,800. What is the present value of \$12,000 to be received in 3 years at a 10% interest rate?
PV = \$12,000 / (1.10)^3 ≈ \$9,015.20. What is the future value of \$3,500 invested for 2 years at 7% interest?
FV = \$3,500 × (1.07)^2 ≈ \$4,006.15. What is the present value of an ordinary annuity of \$4,000 per year for 4 years at 5% interest?
Use the present value annuity table for 4 periods at 5% to find the factor, then multiply by \$4,000. What is the present value of \$15,000 to be received in 2 years at a 9% interest rate?
PV = \$15,000 / (1.09)^2 ≈ \$12,624.18. What is the future value of \$1,800 invested for 3 years at 6% interest?
FV = \$1,800 × (1.06)^3 ≈ \$2,144.93. What is the present value of an ordinary annuity of \$3,500 per year for 6 years at 7% interest?
Use the present value annuity table for 6 periods at 7% to find the factor, then multiply by \$3,500. What is the present value of \$20,000 to be received in 5 years at a 5% interest rate?
PV = \$20,000 / (1.05)^5 ≈ \$15,677.64. What is the future value of \$2,700 invested for 4 years at 8% interest?
FV = \$2,700 × (1.08)^4 ≈ \$3,675.13. What is the present value of an ordinary annuity of \$2,200 per year for 3 years at 10% interest?
Use the present value annuity table for 3 periods at 10% to find the factor, then multiply by \$2,200. What is the present value of \$5,000 to be received in 1 year at a 7% interest rate?
PV = \$5,000 / (1.07) ≈ \$4,672.90. What is the future value of \$6,000 invested for 2 years at 5% interest?
FV = \$6,000 × (1.05)^2 ≈ \$6,615.00. What is the present value of an ordinary annuity of \$1,800 per year for 4 years at 6% interest?
Use the present value annuity table for 4 periods at 6% to find the factor, then multiply by \$1,800. What is the present value of \$3,000 to be received in 3 years at a 12% interest rate?
PV = \$3,000 / (1.12)^3 ≈ \$2,137.17. What is the future value of \$4,500 invested for 5 years at 7% interest?
FV = \$4,500 × (1.07)^5 ≈ \$6,315.13. What is the present value of an ordinary annuity of \$2,600 per year for 5 years at 9% interest?
Use the present value annuity table for 5 periods at 9% to find the factor, then multiply by \$2,600. What is the present value of \$8,500 to be received in 4 years at a 6% interest rate?
PV = \$8,500 / (1.06)^4 ≈ \$6,732.13. What is the future value of \$3,200 invested for 3 years at 8% interest?
FV = \$3,200 × (1.08)^3 ≈ \$4,037.06. What is the present value of an ordinary annuity of \$1,700 per year for 6 years at 5% interest?
Use the present value annuity table for 6 periods at 5% to find the factor, then multiply by \$1,700. What is the present value of \$10,000 to be received in 2 years at a 12% interest rate?
PV = \$10,000 / (1.12)^2 ≈ \$7,971.94. What is the future value of \$2,900 invested for 4 years at 7% interest?
FV = \$2,900 × (1.07)^4 ≈ \$3,803.13. What is the present value of an ordinary annuity of \$3,300 per year for 3 years at 8% interest?
Use the present value annuity table for 3 periods at 8% to find the factor, then multiply by \$3,300. What is the present value of \$7,500 to be received in 5 years at a 10% interest rate?
PV = \$7,500 / (1.10)^5 ≈ \$4,658.13. What is the future value of \$1,600 invested for 2 years at 6% interest?
FV = \$1,600 × (1.06)^2 ≈ \$1,797.76. What is the present value of an ordinary annuity of \$2,400 per year for 4 years at 7% interest?
Use the present value annuity table for 4 periods at 7% to find the factor, then multiply by \$2,400. What is the present value of \$13,000 to be received in 3 years at a 9% interest rate?
PV = \$13,000 / (1.09)^3 ≈ \$10,036.13. What is the future value of \$2,100 invested for 5 years at 5% interest?
FV = \$2,100 × (1.05)^5 ≈ \$2,681.06. What is the present value of an ordinary annuity of \$1,900 per year for 5 years at 6% interest?
Use the present value annuity table for 5 periods at 6% to find the factor, then multiply by \$1,900. What is the present value of \$11,000 to be received in 4 years at a 7% interest rate?
PV = \$11,000 / (1.07)^4 ≈ \$8,393.13. What is the future value of \$3,800 invested for 3 years at 9% interest?
FV = \$3,800 × (1.09)^3 ≈ \$4,919.13. What is the present value of an ordinary annuity of \$2,700 per year for 6 years at 8% interest?
Use the present value annuity table for 6 periods at 8% to find the factor, then multiply by \$2,700. What is the present value of \$14,000 to be received in 2 years at a 5% interest rate?
PV = \$14,000 / (1.05)^2 ≈ \$12,700.68. What is the future value of \$2,600 invested for 4 years at 6% interest?
FV = \$2,600 × (1.06)^4 ≈ \$3,282.13. What is the present value of an ordinary annuity of \$3,100 per year for 3 years at 9% interest?
Use the present value annuity table for 3 periods at 9% to find the factor, then multiply by \$3,100. What is the present value of \$9,500 to be received in 5 years at a 7% interest rate?
PV = \$9,500 / (1.07)^5 ≈ \$6,762.13. What is the future value of \$1,900 invested for 2 years at 8% interest?
FV = \$1,900 × (1.08)^2 ≈ \$2,209.92. What is the present value of an ordinary annuity of \$2,000 per year for 4 years at 10% interest?
Use the present value annuity table for 4 periods at 10% to find the factor, then multiply by \$2,000. What is the present value of \$6,500 to be received in 3 years at a 6% interest rate?
PV = \$6,500 / (1.06)^3 ≈ \$5,464.13. What is the future value of \$2,300 invested for 5 years at 7% interest?
FV = \$2,300 × (1.07)^5 ≈ \$3,230.13. What is the present value of an ordinary annuity of \$1,600 per year for 5 years at 5% interest?
Use the present value annuity table for 5 periods at 5% to find the factor, then multiply by \$1,600.
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