Complete or fill in the entire chart for the annuities in the Table below by...
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Finance
Complete or fill in the entire chart for the annuities in the Table below by filling in all the blanks. Show ALL work below for partial marks eligibility if your answer is incorrect
#
Payment and frequency
(PMT)
Time in years
(n)
Interest rate and compound frequency (I/Y)
Present Value (PV)
Future Value
(FV)
a)
$250 at end of every three months
12 years
3% compounded monthly
$______________
Not Applicable
b)
$90 per end of month
__________years
4 % compounded quarterly
Not Applicable
$15,000
c)
$500 at the beginning of every 3 months
10 years
____________% compounded monthly
Not Applicable
$30,000
d)
$20,000 at the beginning of every year
5 years
7% compounded quarterly
Not Applicable
_$_____________
Answer & Explanation
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