BackTime Value of Money Equations quiz #5
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1/40BackSkip to main contentBackWhat is the future value of \$3,700 invested for 5 years at 8% interest?
FV = \$3,700 × (1.08)^5 ≈ \$5,432.13. What is the present value of an ordinary annuity of \$1,500 per year for 6 years at 9% interest?
Use the present value annuity table for 6 periods at 9% to find the factor, then multiply by \$1,500. What is the present value of \$10,500 to be received in 4 years at a 10% interest rate?
PV = \$10,500 / (1.10)^4 ≈ \$7,164.13. What is the future value of \$2,100 invested for 3 years at 7% interest?
FV = \$2,100 × (1.07)^3 ≈ \$2,574.13. What is the present value of an ordinary annuity of \$2,400 per year for 5 years at 7% interest?
Use the present value annuity table for 5 periods at 7% to find the factor, then multiply by \$2,400. What is the present value of \$8,900 to be received in 2 years at a 6% interest rate?
PV = \$8,900 / (1.06)^2 ≈ \$7,927.13. What is the future value of \$1,800 invested for 4 years at 5% interest?
FV = \$1,800 × (1.05)^4 ≈ \$2,189.13. What is the present value of an ordinary annuity of \$1,900 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 \$1,900. What is the present value of \$5,600 to be received in 5 years at a 8% interest rate?
PV = \$5,600 / (1.08)^5 ≈ \$3,807.13. What is the future value of \$2,300 invested for 2 years at 9% interest?
FV = \$2,300 × (1.09)^2 ≈ \$2,734.13. What is the present value of an ordinary annuity of \$2,600 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 \$2,600. What is the present value of \$7,900 to be received in 3 years at a 7% interest rate?
PV = \$7,900 / (1.07)^3 ≈ \$6,446.13. What is the future value of \$3,000 invested for 5 years at 6% interest?
FV = \$3,000 × (1.06)^5 ≈ \$4,011.45. What is the present value of an ordinary annuity of \$1,700 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 \$1,700. What is the present value of \$11,500 to be received in 4 years at a 5% interest rate?
PV = \$11,500 / (1.05)^4 ≈ \$9,470.13. What is the future value of \$2,700 invested for 3 years at 10% interest?
FV = \$2,700 × (1.10)^3 ≈ \$3,592.70. What is the present value of an ordinary annuity of \$2,300 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 \$2,300. What is the present value of \$6,900 to be received in 2 years at a 7% interest rate?
PV = \$6,900 / (1.07)^2 ≈ \$6,034.13. What is the future value of \$1,600 invested for 4 years at 8% interest?
FV = \$1,600 × (1.08)^4 ≈ \$2,178.13. What is the present value of an ordinary annuity of \$1,800 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 \$1,800. What is the present value of \$4,700 to be received in 5 years at a 6% interest rate?
PV = \$4,700 / (1.06)^5 ≈ \$3,477.13. What is the future value of \$2,200 invested for 2 years at 5% interest?
FV = \$2,200 × (1.05)^2 ≈ \$2,420.50. What is the present value of an ordinary annuity of \$2,700 per year for 4 years at 8% interest?
Use the present value annuity table for 4 periods at 8% to find the factor, then multiply by \$2,700. What is the present value of \$8,200 to be received in 3 years at a 6% interest rate?
PV = \$8,200 / (1.06)^3 ≈ \$6,889.13. What is the future value of \$3,300 invested for 5 years at 7% interest?
FV = \$3,300 × (1.07)^5 ≈ \$4,638.13. What is the present value of an ordinary annuity of \$1,600 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 \$1,600. What is the present value of \$10,800 to be received in 4 years at a 8% interest rate?
PV = \$10,800 / (1.08)^4 ≈ \$7,941.13. What is the future value of \$2,500 invested for 3 years at 6% interest?
FV = \$2,500 × (1.06)^3 ≈ \$2,978.13. What is the present value of an ordinary annuity of \$2,100 per year for 5 years at 7% interest?
Use the present value annuity table for 5 periods at 7% to find the factor, then multiply by \$2,100. What is the present value of \$6,300 to be received in 2 years at a 9% interest rate?
PV = \$6,300 / (1.09)^2 ≈ \$5,297.13. What is the future value of \$1,700 invested for 4 years at 10% interest?
FV = \$1,700 × (1.10)^4 ≈ \$2,488.13. What is the present value of an ordinary annuity of \$1,900 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 \$1,900. What is the present value of \$4,100 to be received in 5 years at a 7% interest rate?
PV = \$4,100 / (1.07)^5 ≈ \$2,919.13. What is the future value of \$2,800 invested for 2 years at 6% interest?
FV = \$2,800 × (1.06)^2 ≈ \$3,142.88. What is the present value of an ordinary annuity of \$2,500 per year for 4 years at 9% interest?
Use the present value annuity table for 4 periods at 9% to find the factor, then multiply by \$2,500. What is the present value of \$7,600 to be received in 3 years at a 10% interest rate?
PV = \$7,600 / (1.10)^3 ≈ \$5,713.13. What is the future value of \$3,200 invested for 5 years at 5% interest?
FV = \$3,200 × (1.05)^5 ≈ \$4,085.13. What is the present value of an ordinary annuity of \$1,700 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 \$1,700. What is the present value of \$12,200 to be received in 4 years at a 9% interest rate?
PV = \$12,200 / (1.09)^4 ≈ \$8,671.13. What is the future value of \$2,400 invested for 3 years at 7% interest?
FV = \$2,400 × (1.07)^3 ≈ \$2,943.13.
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