Any help is appreciated please Question 1 Find the future va

Any help is appreciated please.

Question 1:

Find the future value fo the following annuity due.

Payments of $1000 for 6 years at 8% compounded semiannually

S= $...

Question 2.

An investment of $12,439 is made for 15 months. What is the future value, if a 7.4% annual rate of simple interst is charged?

The future value of the invested amount is $... (Round to two decimal places)

Question 3.

Find the monthly payment and estimate the remaining balance. Assume interest is on the unpaid balance.

3-year computer loan for $3156 at 5.9%; remaining balance after 2 years.

The monthly payment is $...

The remaining balance is $...

4.

Find the future value of the following annuity. Payments are made at the end of each period and interest is compounded as given.

R= $1,000, 5% interest compounded monthly for 6 years

What is the future value of the annuity?

$..

6.

Find the simple interest

Principle = $1150 Rate = 2.5% Time in Months = 3 Interest = Blank

The interest is $....

7.

When Tine opened her law office, she bought $13,000 worth of law books and $7,100 worth of furniture. She paid $1,200 down and agreed to amortize the balance with semiannual payments for 6 years at 11% compounded semiannually. Find the amount of each payment.

What is the amount of each payment?

$...

8.

An investment company pays 3% compounded semiannually. You want to have $22,000 in the future.

How much should you deposit now to have that amount 5 years from now?

$...

Solution

An investment company pays 3% compounded semiannually. You want to have $22,000 in the future.
How much should you deposit now to have that amount 5 years from now?

$5,000