FVA D Question 6 FV51 PVA PVS1 3.2781 % 1.2950 N 2.5313 0.77218 4,3746 9 1.2625 3.4651 0.79209 5.8666 4 6M 1.4693 3.9927 0.68058 12.0061 5 8 1.4802 8.1109 0.67556 10 24.2974 49 1.4859 16.3514 20 2% 0.67297 54,0978 1.2705 42.5803 0.50% 0.78710 48 ROUND YOUR ANSWER TO THE NEAREST DOLLAR How much will $8,000 grow to in 5 years, assuming an interest rate of 8% compounded quarterly? What is the value today of receiving $2,500 at the end of three years, assuming an interest rate of 9% compounded annually? How much will $1,000 invested at the end of each semiannual period grow to in 5 years, assuming an interest rate of 8%? What is the value today of receiving $3,000 at the end of each year for the next 4 years, assuming an interest rate of 6% compounded annually? Determine your monthly car payment if you buy a $25,000 car today and you're going to make monthly payments for 4 year and the bank is charging you 6% interest
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