Solve the following problem.PV= $17,233?;n= 84i= 0.029?;PMT=??;PMT=$__?(Round to two decimal? places.)

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September 7, 2020
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September 7, 2020

Solve the following problem.PV= $17,233?;n= 84i= 0.029?;PMT=??;PMT=$__?(Round to two decimal? places.)

Find i? (the rate per? period) and n? (the number of? periods) for the following annuity.Quarterly deposits of ?$1,100 are made for 8 years into an annuity that pays 6?% compounded quarterly. 2.Use the future value formula to find the indicated value.FV=$ 3660n= 16i= 0.05 PMT= ??(Round to the nearest? cent.) 3. Recently, More Money 4U offered an annuity that pays 5.7 % compounded monthly. If $2,219 is deposited into this annuity every? month, how much is in the account after 10 ?years? How much of this is? interest? Type the amount in the? account: ?$_ 4.Use the future value formula to find the indicated value.n=32?;i=0.04?;PMT= $ 47FV=? FV=?$__(Round to the nearest? cent.5. Find i? (the rate per? period) and n? (the number of? periods) for the following loan at the given annual rate.Quarterly payments of $1125 are made for 11 years to repay a loan at 10.5?% compounded quarterly.i=?6. Solve the following problem.n= 39i=0.028PMT= $ 295PV= ? PV=$___?(Round to two decimal? places.)7. Use the formula for the present value of an ordinary annuity or the amortization formula to solve the following problem.PV=?$5,000?;i= 0.02?;PM=? $300?;n=?? n=__?(Round up to the nearest? integer.)8. Find i? (the rate per? period) and n? (the number of? periods) for the following loan at the given annual rate.Semiannual payments of ?$3,700 are made for 16 years to repay a loan at 4.8?%compounded semiannually.i=nothing?(Type an integer or decimal rounded to four decimal places as? needed.)9. Solve the following problem.PV= $17,233?;n= 84i= 0.029?;PMT=??;PMT=$__?(Round to two decimal? places.)


 

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