Reference no: EM133121864
1. Find the total amount receivable at the end of 5 years, if you deposit $1 000 at the end of each year for the next 5 years, assuming annual compound interest rate as 5% p.a.
2. Find the total amount receivable at the end of 15 years, if you deposit $1 at the end of each year for the next 15 years, assuming annual compound interest rate as 6% p.a.
3. Find the total amount receivable at the end of 2015, if you deposit $100 at the beginning of each year (i.e., 2011, 2012, 2013, 2014, 2015) @7% p.a. interest rate.
4. Find the total amount receivable at the end of 2014, if you deposit $100 at the end of each year (i.e., 2010, 2011, 2012, 2013, 2014) @7% p.a. interest rate.
5. Find the total amount receivable at the end of 15 years, if you deposit $1 at the start of each year for the next 15 years, assuming annual compound interest rate as 6% p.a.
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Price of the security stated annual interest rate
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Calculate the interest rate
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Find the total amount receivable
: 1. Find the total amount receivable at the end of 5 years, if you deposit $1 000 at the end of each year for the next 5 years, assuming annual compound interest
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