Worksheet C-1 - 7. What is the future value of an annuity...

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HANDOUT C–1 PRESENT AND FUTURE VALUES 1. What is the future value of $12,000 in ten years, with 10% interest? 2. What is the future value of $8,000 in five years, with 14% interest? 3. What is the future value of $8,000 in five years, with 14% interest, compounded semi-annually? 4. What is the present value of $50,000 received 20 years from now, assuming 9% interest? 5. What is the present value of $3,000 received 5 years from now, assuming 20% interest? 6. What is the present value of $3,000 received 5 years from now, compounded quarterly?
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Unformatted text preview: 7. What is the future value of an annuity of $12,000 payments after ten years, with 9% interest? 8. What is the future value of an annuity of $7,500 after five years, with 12% interest? 9. What is the present value of a $50,000 received over 20 years, assuming 9% interest? 10. What is the present value of a $4,000 annuity received over 5 years, assuming 20% interest?...
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