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Time Value of Money Equations quiz #4

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  • What is the present value of \$4,800 to be received in 2 years at a 9% interest rate?

    PV = \$4,800 / (1.09)^2 ≈ \$4,037.13.
  • What is the future value of \$3,600 invested for 4 years at 8% interest?

    FV = \$3,600 × (1.08)^4 ≈ \$4,902.13.
  • What is the present value of an ordinary annuity of \$2,900 per year for 6 years at 6% interest?

    Use the present value annuity table for 6 periods at 6% to find the factor, then multiply by \$2,900.
  • What is the present value of \$7,200 to be received in 4 years at a 10% interest rate?

    PV = \$7,200 / (1.10)^4 ≈ \$4,914.13.
  • What is the future value of \$2,800 invested for 3 years at 5% interest?

    FV = \$2,800 × (1.05)^3 ≈ \$3,241.13.
  • What is the present value of an ordinary annuity of \$1,300 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 \$1,300.
  • What is the present value of \$5,500 to be received in 3 years at a 9% interest rate?

    PV = \$5,500 / (1.09)^3 ≈ \$4,247.13.
  • What is the future value of \$1,700 invested for 2 years at 6% interest?

    FV = \$1,700 × (1.06)^2 ≈ \$1,911.92.
  • What is the present value of an ordinary annuity of \$2,100 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 \$2,100.
  • What is the present value of \$3,900 to be received in 2 years at a 7% interest rate?

    PV = \$3,900 / (1.07)^2 ≈ \$3,406.13.
  • What is the future value of \$2,400 invested for 4 years at 9% interest?

    FV = \$2,400 × (1.09)^4 ≈ \$3,388.13.
  • What is the present value of an ordinary annuity of \$1,700 per year for 3 years at 6% interest?

    Use the present value annuity table for 3 periods at 6% to find the factor, then multiply by \$1,700.
  • What is the present value of \$8,800 to be received in 5 years at a 5% interest rate?

    PV = \$8,800 / (1.05)^5 ≈ \$6,899.13.
  • What is the future value of \$3,100 invested for 2 years at 7% interest?

    FV = \$3,100 × (1.07)^2 ≈ \$3,551.63.
  • What is the present value of an ordinary annuity of \$2,500 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 \$2,500.
  • What is the present value of \$6,200 to be received in 3 years at a 5% interest rate?

    PV = \$6,200 / (1.05)^3 ≈ \$5,353.13.
  • What is the future value of \$2,000 invested for 5 years at 6% interest?

    FV = \$2,000 × (1.06)^5 ≈ \$2,674.30.
  • What is the present value of an ordinary annuity of \$1,400 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 \$1,400.
  • What is the present value of \$4,300 to be received in 4 years at a 6% interest rate?

    PV = \$4,300 / (1.06)^4 ≈ \$3,406.13.
  • What is the future value of \$1,900 invested for 3 years at 8% interest?

    FV = \$1,900 × (1.08)^3 ≈ \$2,394.13.
  • What is the present value of an ordinary annuity of \$2,300 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 \$2,300.
  • What is the present value of \$7,700 to be received in 2 years at a 10% interest rate?

    PV = \$7,700 / (1.10)^2 ≈ \$6,363.64.
  • What is the future value of \$2,500 invested for 4 years at 7% interest?

    FV = \$2,500 × (1.07)^4 ≈ \$3,276.13.
  • What is the present value of an ordinary annuity of \$1,600 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 \$1,600.
  • What is the present value of \$5,800 to be received in 5 years at a 6% interest rate?

    PV = \$5,800 / (1.06)^5 ≈ \$4,334.13.
  • What is the future value of \$3,400 invested for 2 years at 5% interest?

    FV = \$3,400 × (1.05)^2 ≈ \$3,749.00.
  • What is the present value of an ordinary annuity of \$2,700 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 \$2,700.
  • What is the present value of \$9,200 to be received in 3 years at a 8% interest rate?

    PV = \$9,200 / (1.08)^3 ≈ \$7,302.13.
  • What is the future value of \$2,200 invested for 5 years at 9% interest?

    FV = \$2,200 × (1.09)^5 ≈ \$3,382.13.
  • What is the present value of an ordinary annuity of \$1,900 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 \$1,900.
  • What is the present value of \$12,500 to be received in 4 years at a 7% interest rate?

    PV = \$12,500 / (1.07)^4 ≈ \$9,537.13.
  • What is the future value of \$2,900 invested for 3 years at 6% interest?

    FV = \$2,900 × (1.06)^3 ≈ \$3,454.13.
  • What is the present value of an ordinary annuity of \$2,200 per year for 5 years at 10% interest?

    Use the present value annuity table for 5 periods at 10% to find the factor, then multiply by \$2,200.
  • What is the present value of \$6,800 to be received in 2 years at a 8% interest rate?

    PV = \$6,800 / (1.08)^2 ≈ \$5,829.13.
  • What is the future value of \$1,500 invested for 4 years at 9% interest?

    FV = \$1,500 × (1.09)^4 ≈ \$2,122.13.
  • What is the present value of an ordinary annuity of \$1,800 per year for 3 years at 7% interest?

    Use the present value annuity table for 3 periods at 7% to find the factor, then multiply by \$1,800.
  • What is the present value of \$4,400 to be received in 5 years at a 6% interest rate?

    PV = \$4,400 / (1.06)^5 ≈ \$3,271.13.
  • What is the future value of \$2,600 invested for 2 years at 10% interest?

    FV = \$2,600 × (1.10)^2 ≈ \$3,146.00.
  • What is the present value of an ordinary annuity of \$2,900 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 \$2,900.
  • What is the present value of \$7,300 to be received in 3 years at a 5% interest rate?

    PV = \$7,300 / (1.05)^3 ≈ \$6,302.13.