Finance Assignment
1. Calculate the FV of $500 in 5 years, with 5% interest rate
• What if the interest rate is 6%, 7%, 8%......
• What if the N changes to 6, 7, 8......
2. Calculate the PV of $500 in 5 years, with 5% interest rate
• What if the interest rate is 6%, 7%, 8%......
• What if the N changes to 6, 7, 8......
3. Calculate the FV of a 5-year annuity of $500, with 5% interest rate
• What if the interest rate is 6%, 7%, 8%......
• What if the N changes to 6, 7, 8......
4. Calculate the PV of a 5-year annuity of $500, with 5% interest rate
• What if the interest rate is 6%, 7%, 8%......
• What if the N changes to 6, 7, 8......
5. Calculate the total present value of the following cash flows when the interest rate is 10% per year:
$100 at the end of year 1
$300 at the end of year 2
$300 at the end of year 3
$-50 at the end of year 4
6. Construct the amortization table for the 4-year car loan of $10,000 when the APR is 9%
The response should include a reference list. Double-space, using Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.