60. Determine least costly option.

61. Definition of deferred annuities.

These questions also appear in the Problem-Solving Survival Guide. SThese questions also appear in the Study Guide. MULTIPLE CHOICE—Computational Answer No. Descriptiona 62. Calculate the future value of 1.

63. Calculate amount of interest paid.

64. Interest compounded quarterly.

65. Calculate present value of a future amount.

66. Calculate a future value.

67. Calculate a future value of an annuity due.

68. Calculate a future value.

69. Calculate a future value.

70. Calculate present value of a future amount.

71. Calculate present value of a future amount.

72. Calculate present value of an annuity due.

73. Calculate the future value of 1.

74. Present value of a single sum.

75. Present value of a single sum, unknown number of periods.

76. Future value of a single sum.

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Accounting and the Time Value of Money 6 - 3MULTIPLE CHOICE—Computational (cont.) Answer No. Descriptionb 77. Present value of a single sum.

78. Present value of a single sum, unknown number of periods.

79. Future value of a single sum.

80. Calculate the present value of 1.

81. Calculate the future value of 1.

83. Calculate interest rate.

84. Calculate number of years.

85. Calculate the future value of 1.

86. Calculate the present value of 1.

87. Calculate the present value of 1.

88. Calculate the present value of 1 and present value of an ordinary annuity.

89. Calculate number of years.

90. Calculate the amount of annual deposit.

91. Calculate the amount of annual deposit.

92. Calculate the amount of annual deposit.

93. Present value of an ordinary annuity.

94. Present value of an annuity due.

95. Future value of an ordinary annuity.

96. Future value of an annuity due.

97. Present value of an ordinary annuity.

98. Present value of an annuity due.

99. Future value of an ordinary annuity.

100. Future value of an annuity due.

101. Calculate future value of an annuity due.

102. Calculate future value of an ordinary annuity.

103. Calculate future value of an annuity due.

104. Calculate annual deposit for annuity due.

105. Calculate cost of machine purchased on installment.

106. Calculate present value of an ordinary annuity.

107. Calculate present value of an annuity due.

108. Calculate cost of machine purchased on installment.

109. Calculate cost of machine purchased on installment.

110. Calculate the annual rents of leased equipment.

111. Calculate present value of an investment in equipment.

112. Calculate proceeds from issuance of bonds.

113. Calculate proceeds from issuance of bonds.

114. Calculate present value of an ordinary annuity.

115. Calculate interest rate.

116. Calculate present value of an annuity due.

117. Calculate effective interest rate.

118. Calculate present value of an ordinary annuity.