BackTime Value of Money Equations quiz #6
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1/40BackSkip to main contentBackWhat is the present value of an ordinary annuity of \$2,200 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 \$2,200. What is the present value of \$5,900 to be received in 2 years at a 5% interest rate?
PV = \$5,900 / (1.05)^2 ≈ \$5,354.13. What is the future value of \$1,900 invested for 4 years at 6% interest?
FV = \$1,900 × (1.06)^4 ≈ \$2,398.13. What is the present value of an ordinary annuity of \$1,800 per year for 3 years at 5% interest?
Use the present value annuity table for 3 periods at 5% to find the factor, then multiply by \$1,800. What is the present value of \$4,900 to be received in 5 years at a 8% interest rate?
PV = \$4,900 / (1.08)^5 ≈ \$3,332.13. What is the future value of \$2,600 invested for 2 years at 7% interest?
FV = \$2,600 × (1.07)^2 ≈ \$2,983.22. What is the present value of an ordinary annuity of \$2,600 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 \$2,600. What is the present value of \$8,400 to be received in 3 years at a 9% interest rate?
PV = \$8,400 / (1.09)^3 ≈ \$6,484.13. What is the future value of \$3,500 invested for 5 years at 10% interest?
FV = \$3,500 × (1.10)^5 ≈ \$5,635.13. What is the present value of an ordinary annuity of \$1,900 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 \$1,900. What is the present value of \$11,300 to be received in 4 years at a 6% interest rate?
PV = \$11,300 / (1.06)^4 ≈ \$8,950.13. What is the future value of \$2,700 invested for 3 years at 8% interest?
FV = \$2,700 × (1.08)^3 ≈ \$3,401.13. What is the present value of an ordinary annuity of \$2,400 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 \$2,400. What is the present value of \$7,100 to be received in 2 years at a 10% interest rate?
PV = \$7,100 / (1.10)^2 ≈ \$5,867.77. What is the future value of \$1,800 invested for 4 years at 7% interest?
FV = \$1,800 × (1.07)^4 ≈ \$2,364.13. 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 \$4,600 to be received in 5 years at a 5% interest rate?
PV = \$4,600 / (1.05)^5 ≈ \$3,599.13. What is the future value of \$2,300 invested for 2 years at 8% interest?
FV = \$2,300 × (1.08)^2 ≈ \$2,681.92. What is the present value of an ordinary annuity of \$2,800 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 \$2,800. What is the present value of \$8,100 to be received in 3 years at a 5% interest rate?
PV = \$8,100 / (1.05)^3 ≈ \$6,993.13. What is the future value of \$3,600 invested for 5 years at 6% interest?
FV = \$3,600 × (1.06)^5 ≈ \$4,816.74. What is the present value of an ordinary annuity of \$1,600 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 \$1,600. What is the present value of \$10,200 to be received in 4 years at a 7% interest rate?
PV = \$10,200 / (1.07)^4 ≈ \$7,783.13. What is the future value of \$2,600 invested for 3 years at 9% interest?
FV = \$2,600 × (1.09)^3 ≈ \$3,359.13. What is the present value of an ordinary annuity of \$2,100 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 \$2,100. What is the present value of \$6,600 to be received in 2 years at a 8% interest rate?
PV = \$6,600 / (1.08)^2 ≈ \$5,654.13. What is the future value of \$1,700 invested for 4 years at 5% interest?
FV = \$1,700 × (1.05)^4 ≈ \$2,067.13. 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 \$4,200 to be received in 5 years at a 6% interest rate?
PV = \$4,200 / (1.06)^5 ≈ \$3,109.13. What is the future value of \$2,400 invested for 2 years at 10% interest?
FV = \$2,400 × (1.10)^2 ≈ \$2,904.00. What is the present value of an ordinary annuity of \$2,500 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 \$2,500. What is the present value of \$7,400 to be received in 3 years at a 7% interest rate?
PV = \$7,400 / (1.07)^3 ≈ \$6,049.13. What is the future value of \$3,100 invested for 5 years at 8% interest?
FV = \$3,100 × (1.08)^5 ≈ \$4,561.13. What is the present value of an ordinary annuity of \$1,700 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 \$1,700. What is the present value of \$11,700 to be received in 4 years at a 5% interest rate?
PV = \$11,700 / (1.05)^4 ≈ \$9,627.13. What is the future value of \$2,800 invested for 3 years at 6% interest?
FV = \$2,800 × (1.06)^3 ≈ \$3,337.13. What is the present value of an ordinary annuity of \$2,200 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 \$2,200. What is the present value of \$6,100 to be received in 2 years at a 9% interest rate?
PV = \$6,100 / (1.09)^2 ≈ \$5,144.13. 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 \$1,900 per year for 3 years at 5% interest?
Use the present value annuity table for 3 periods at 5% to find the factor, then multiply by \$1,900.
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