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What future amount of money will be accumulated 10 years from now by investing $1,000 now plus $2,000, 5 years from now at 9% interest compounded semi-annually? What is the present value of $500 payments to be made at the end of each 6 month period for the next 10 years if interest is 9% compounded semiannually? What monthly car mortgage payments for the next 36 months are required to amortize a present loan of $3,000 if interest is 9% compounded monthly? What amount of money must be deposited in a saving account at the end of each quarter for the next 5 years to accumulate $10,000 in 5 years if interest is 9% compounded quarterly? What is the present value of $1,000 payments to be made at the end of each year for the next 10 years if interest is 9% compounded semi-annually? What effective annual interest rate is equivalent to 9% compounded quarterly? What nominal annual interest rate is equivalent to an effective annual interest rate equal to 9% if interest is compounded quarterly? Calculate the present worth cost of service for the following cash flows. The minimum rate of return is a nominal 9% compounded monthly. Use monthly compounding periods. Use annual compounding periods and the appropriate effective annual interest rate that is equivalent to 9% compounded monthly. If you borrow $15,000 at an APR of 9% compounded monthly, calculate the equal end of month mortgage payments that will pay off this loan over four years.
