1)to what amount will the following investments accumulate?             a

1)to what amount will the following investments accumulate?

a. $5,000 invested for 10 years at 10 percent compounded annually

           
b. $8,000 invested for 7 years at 8 percent compounded annually

           
c. $775 invested for 12 years at 12 percent compounded annually

            d. $21,000 invested for 5 years at 5 percent compounded annually

           
2. (Compound value solving for n) How many years will the following take?
a. $500 to grow to $1,039.50 if invested at 5 percent compounded annually

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b. $35 to grow to $53.87 if invested at 9 percent compounded annually

c. $100 to grow to $298.60 if invested at 20 percent compounded annually

d. $53 to grow to $78.76 if invested at 2 percent compounded annually

3. (Compound value solving for I) at what annual rate would the following have to be invested?
a. $500 to grow to $1,948.00 in 12 years

b. $300 to grow to $422.10 in 7 years

c. $50 to grow to $280.20 in 20 years

d. $200 to grow to $497.60 in 5 years

4. (Present value) what is the present value of the following future amounts?
a. $800 to be received 10 years from now discounted back to the present at 10 percent

            b. $300 to be received 5 years from now discounted back to the present at 5 percent

           
c. $1,000 to be received 8 years from now discounted back to the present at 3 percent

           
d. $1,000 to be received 8 years from now discounted back to the present at 20 percent

           
5. (Compound annuity) what is the accumulated sum of each of the following streams of payments?
a. $500 a year for 10 years compounded annually at 5 percent

           
b. $100 a year for 5 years compounded annually at 10 percent

           
c. $35 a year for 7 years compounded annually at 7 percent

           
d. $25 a year for 3 years compounded annually at 2 percent

           
6. (Present value of an annuity) what is the present value of the following annuities?
a. $2,500 a year for 10 years discounted back to the present at 7 percent

            b. $70 a year for 3 years discounted back to the present at 3 percent

           
c. $280 a year for 7 years discounted back to the present at 6 percent

d. $500 a year for 10 years discounted back to the present at 10 percent