1.)Present value=30,000. Annual rate of interest=6%. Term of investment=5yrs. Compound frequency=Semi. Future Value=?. What is the future value?
2.) Present value= 8,000. annual rate=6%. term of investment=4 yrs. Compound frequency=qtrly. Future value=??
3. Present value=? annual rate=8%. term=6 yrs. Compound frequency= Annual. Future Value=18,650. What is the present value?
*****Show the steps*****
2007-03-25
15:50:39
·
1 answers
·
asked by
sissy
3
in
Business & Finance
➔ Investing