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172A 2011 Quiz 1

172A 2011 Quiz 1 - Math ITZA-—Qniz 1 9130111 Name 3 Mi P...

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Unformatted text preview: Math ITZA -—Qniz 1 9130111 Name: 3 Mi P! E Deposit to fund: $5,000 paid on 11'11'2011 Withdrawals from fund: None 115.41.; Interest accumulates at the following rates for the 1various periods specified: ' 111121111 through 12121121115: 1“" = 11% 111120115 through 1113112022: 5 =3% 111121123 through 121311211211: 1*“? =111% S‘mJV a) What is 1value of the fund as of 1213112030? Do the problem whichever way you want. If'jou use the TVM functions on your calculator, fill in the boxes below 12} Based on the answer in u} , what is the level effective annual interest rate from 111F201] through 1213113030 ...
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