Task:
Q1. What is the future value of $4,000 invested at 6% for 22 years with annual compounding?
Q2. What is the future value of $4,000 invested at 6% for 22 years with monthly compounding?
Q3. What is the future value of $4,000 invested at 6% for 22 years with continuous compounding?
Q4. What is the present value of 1,000,000 pesos due in 14 years with a discount rate = 7% using annual compounding?
Q5: What is the present value of 1,000,000 peso due in 14 years with a discount rate = 7% using continuous compounding?