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1. You contribute $2,800 to an account at the end of every 6 months. What is the value in your account after 13.5 years if the interest rate is 2.3% compounded semi-annually?
2. What is the future value of annual payments of $1,400 at the end of every year for the next 4 years if interest is 4.4% compounded annually?
3. What is the present value of end-of-quarter payments of $4,000 for seven years, assuming an interest rate of 6% compounded quarterly?
4. What is the present value of 18 monthly payments of $200.50 at a 16% compounded semi-annually interest rate?
5. You make payments of $950 at the end of every 6 months for 8.5 years. At 9% compounded quarterly, what is your future value?
Finance is about Gunns Ltd, a company in dealing with forestry products in Australia. The company has also been listed in Australian Stock Exchange. As many companies producing forestry products, even Gunns Ltd is facing various problems. Due to the ..
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