Culture, Society, Sociological Perspective and Values
January 22, 2021
please read assignment entirely, must be 10-12 pages excluding cover letter or reference page, choose topic of your choice. review attachment and go to the library to pick articles.
January 22, 2021

Answer the following 5 questions

5-1 FUTURE VALUE If you deposit $10,000 in a bank account that pays 10% interest annually, how much will be in your account after 5 years?

5-2 PRESENT VALUE What is the present value of a security that will pay $5,000 in 20 years if securities of equal risk pay 7% annually?

5-6 FUTURE VALUE: ANNUITY VERSUS ANNUITY DUE What’s the future value of a 7%, 5-year ordinary annuity that pays $300 each year? If this was an annuity due, what would its future value be?

Problem 1:

You take out an amortized loan for $10,000. The loan is to be paid in equal installments at the end of each of the next 5 years. The interest rate is 8%. Construct an amortization schedule.

Problem 2:

A. Calculate the PV of $100 due in 5 years compounded daily at 12%.
B. Calculate the FV of $1000 due in 3 years at 6% compounded quarterly.
C. Calculate the FVA of $300 due at the end of each of the next 5 years at 4%.
D. Calculate the PVA of $300 due at the end of each of the next 5 years at 4%.

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Answer the following 5 questions was first posted on January 22, 2021 at 3:02 am.
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