Time-Value Seminar Illar 3 prnhlemstrnm the. Printer
19 Yen depesit $3 today and $3 dill at the end of eaeh year
for 5 years into maaeeeunt that pays 6. 5% annual interest.
eempeundedanhuayfsix depnsits et $3 GED each; Yeti
wish te begin making six equal
Tune-value Seminar Series Day 1 Praetiee Probleme
1. What is the future value in I 1 years of a lump sum amount of $511300 deposited today in
an aeeount paying 27.32% annual interest eonipounded annually.
l l 55:
my: 53! mo 0. 0113.2) ._-.+ fig 232. 4
Day 2 problems
1. You will receive 14 equal annual end-of-year payments of $1,000. The first
payment will be received in one year. What is the value today if annual interest is
.062 compounded annually? (Question: Would the answer be an