Use a financial calculator or computer software program to answer the following questions.

 Some homework items have been custom created and No Plagiarism everything most be reference. 

Complete the following : E1, P2, P3, P4, P5, P7, P16, P17, P19.

E1: Find the future value one year from now of a $7,000 investment at a 3 percent annual compound interest rate. Also, calculate the future value if the investment is made for two years.

P2: Find the future value of $10,000 invested now after five years if the annual interest rate is 8 percent.

A. What would be the future value if the interest rate is a simple interest rate?

B. What would be the future value if the interest rate is a compound interest rate?

P3: Determine the future values if $5,000 is invested in each of the following situations:

  1. 5      percent for ten years
  2. 7      percent for seven years
  3. 9      percent for four years

P4: You are planning to invest $2,500 today for three years at a nominal interest rate of 9 percent with annual compounding.

  1. What      would be the future value of your investment?
  2. Now      assume that inflation is expected to be 3 percent per year over the same      three-year period. What would be the investment’s future value in terms of      purchasing power?
  3. What      would be the investment’s future value in terms of purchasing power if      inflation occurs at a 9 percent annual rate?

P5: Find the present value of $7,000 to be received one year from now, assuming a 3 percent annual discount interest rate. Also calculate the present value if the $7,000 is received after two years.

P7: Determine the present value if $15,000 is to be received at the end of eight years and the discount rate is 9 percent. How would your answer change if you had to wait six years to receive the $15,000?

P16: Use a financial calculator or computer software program to answer the following questions:

a. What would be the future value of $15,555 invested now if it earns interest at 14.5 percent for seven years?

b. What would be the future value of $19,378 invested now if the money remains deposited for eight years and the annual interest rate is 18 percent?

P17: Use a financial calculator or computer software program to answer the following questions:

  1. What      is the present value of $359,000 that is to be received at the end of 23      years if the discount rate is 11 percent?
  2. How      would your answer change in (a) if the $359,000 is to be received at the      end of 20 years?

P18: Use a financial calculator or computer software program to answer the following questions:

  1. What      would be the future value of $7,455 invested annually for nine years      beginning one year from now if the annual interest rate is 19 percent?
  2. What      would be the present value of a $9,532 annuity for which the first payment      will be made beginning one year from now, payments will last for 27 years,      and the annual interest rate is 13 percent?

P19:  Use a financial calculator or computer software program to answer the following questions.

  1. What      would be the future value of $19,378 invested now if the money remains      deposited for eight years, the annual interest rate is 18 percent, and      interest on the investment is compounded semi-annually?
  2. How would your answer for (a)      change if quarterly compounding were used?

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