What is future worth of an equal monthly series of payments

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Reference no: EM13223389

Complete each of the following problems using Excel.

a. What will $35,000 deposited today be worth in 10 years at 12% compounded annually?

b. What is $14,000 worth today if deposited for 5 years at 4% compounded monthly?

c. What will $124,000 deposited today be worth in 10 years at 10% compounded daily?

d. What will $22,000 deposited at the end of each year at 6% compounded annually be worth in 5 years?

e. What is the future worth of an equal payment series of $22,000 compounded continuously for 8 years at 5%?

f. What is the future worth of an equal monthly series of payments of $1500 for 5 years at 5% compounded monthly?

g. What is the present worth of an equal payment series of $2500 paid semi-annually at 10% compounded monthly at 4% interest?

Reference no: EM13223389

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