**1.**

Find the unartificial share on a $400 bombardment made restraint 5 years at an share objurgate of 7%/year. What is the accumulated quantity?

A) The unartificial share is $140, the accumulated quantity is $540.

B) The unartificial share is $115, the accumulated quantity is $515.

C) The unartificial share is $120, the accumulated quantity is $520.

D) The unartificial share is $125, the accumulated quantity is $555.

**2.**

If the accumulated quantity is $3,720 at the purpose of 3 years and the unartificial objurgate of share is 8%/year, what is the main?

A) The main is $3,500.

B) The main is $3,360.

C) The main is $3,000.

D) The main is $3,200.

**3.**

Find the accumulated quantity A if the main P = $2,000 is objectueed at the share objurgate of r = 6% per year restraint t = 6 years, compounded every-year.

A) The accumulated quantity is $3,508.28.

B) The accumulated quantity is $3,194.16.

C) The accumulated quantity is $2,837.04.

D) The accumulated quantity is $2,708.89.

**4.**

Find the accumulated quantity A if the main P = $11,000 is objectueed at the share objurgate of r = 5% per year restraint t = 5.5 years, compounded quarterly.

A) The accumulated quantity is $14,585.32.

B) The accumulated quantity is $13,785.93.

C) The accumulated quantity is $14,100.05.

D) The accumulated quantity is $14,457.17.

**5.**

Determine the unartificial share objurgate at which $1,500 succeed extobject to $1,550 in the 8 months. Entire your repartees to the right tenth of percent.

A) The share objurgate is 5%/year.

B) The share objurgate is 4.33%/year.

C) The share objurgate is 4.76%/year.

D) The share objurgate is 66.67%/year.

E) The share objurgate is 3.06%/year.

**6.**

Find the introduce reprove of $40,000 due in 4 years at the fond objurgate of share 8%/year compounded monthly.

A) The introduce reprove is $28,948.67.

B) The introduce reprove is $29,433.94.

C) The introduce reprove is $29,076.82.

D) The introduce reprove is $29,748.06.

**7.**

In enjoin to acceleration finance the controlfeiture of a innovating progeny, the Abdullahs entertain firm to use restraint a short-engagement mortgage (a bridge mortgage) in the quantity of $140,000 restraint a engagement of 1 mo. If the bank totality unartificial share at the objurgate of 12%/year, how plenteous succeed the Abdullahs attribute the bank at the purpose of the engagement?

A) $141,400

B)

$140,012

C) $146,800

D) $144,900

**8.**

The Kwans are planning to purchase a progeny 6 years from now. Housing experts in their area entertain estimated that the absorb of a abode succeed enlargeth at a objurgate of 6%/year during that conclusion. If this economic premonstration holds gentleman, how plenteous can the Kwans anticipate to firm restraint a progeny that currently absorbs $160,000?

A) $218,199

B) $221,562

C) $230,490

D) $226,963

**9.**

The supervisor of a capital traffic stock has objectueed $4.2 pet in testimonials of defence that firm share at the objurgate of 5.4%/year compounded quarterly balance a conclusion of 5 years. How plenteous succeed the bombardment be blame at the purpose of 5 years?

A) 5,491,921.88

B) 3,211,990.34

C) 1,291,921.88

D) 12,024,347.20

**10.**

Find the effectual objurgate similar to suppositious objurgate 6% / year compounded monthly. Entire the repartees to the right hundredth of percent.

A) 6.538%

B) 5.858%

C) 6.598%

D) 6.168%

**11.**

Find the share objurgate needed restraint an bombardment of $4,000 to extobject to an quantity of $5,000 in 4 yr if share is compounded once. Please entire the repartee to the right hundredth of percent.

A) 5.58 %/yr

B) 5.70 %/yr

C) 6.63 %/yr

D) 5.01 %/yr

E) 5.92 %/yr

**12.**

Anthony objectueed a solidity of capital 6 yr gone in a savings totality that has gone remunerated share at the objurgate of 7%/year compounded quarterly. His bombardment is now blame $19,713.77. How plenteous did he originally objectue? Please entire the repartee to the right cent.

A) $13,000.01

B) $12,500.01

C) $14,000.01

D) $11,500.01

E) $11,000.01

**13.**

Georgia controlfeitured a progeny in 1998 restraint $220,000. In 2003 she sold the progeny and made a net acquisition of $50,000. Find the effectual annual objurgate of repay on her bombardment balance the 5-yr conclusion. Please entire the repartee to the right tenth of percent.

A) 3.7%/yr

B) 3.1%/yr

C) 4.4%/yr

D) 4.2%/yr

E) 5.6%/yr

**14.**

Find the quantity of an conventional annuity of 10 per-annum firmments of $1,800 that win share at 10% per year, compounded every-year.

A) $4,668.74

B) $28,687.36

C) $87,798.04

D) $3,600.00

**15.**

Robin, who is self-employed, contributes $4,000/year into a Keogh totality. How plenteous succeed he entertain in the totality behind 15 years if the totality wins share at the objurgate of 6.5%/year compounded per-annum?

A) $96,728.68

B) $10,287.36

C) $158,267.14

D) $3,771.28

**16.**

If a trader defences $1,500 every-year at the purpose of each assessment year in an IRA totality firming share at the objurgate of 10%/year compounded every-year, how plenteous succeed she entertain in her totality at the purpose of 25 years? Entire your repartee to span decimal places.

A) $16,252.06

B) $147,520.59

C) $5,250.00

D) $34,663.65

**17.**

Find the introduce reprove of an conventional annuity of $600 firmments each made quarterly balance 5 years and wining share at 4% per year compounded quarterly.

A) $8,154.20

B) $2,671.09

C) $10,827.33

D) $56,916.87

**18.**

Juan objectueed $24,000 in a reciprocal stock 5 years gone. Today his bombardment is blame $34,616. Find the effectual annual objurgate of repay on his bombardment balance the 5-year conclusion.

A) 10.3%/year

B) 8%/year

C) 83%/year

D) 8.3%/year

E) 7.6% / year

**19.**

Find the quantity of an conventional annuity restraint 5 years of quarterly firmments of $2,200 that win share at 4% per year compounded quarterly.

A) $11,222.21

B) $65,511.77

C) $48,441.81

D) $2,684.42

**20.**

Find the introduce reprove of the conventional annuity. Please entire the repartee to the right cent.$2,000 per semiannual conclusion restraint 7 yr at 12%/year compounded semiannually

A) P = $18,589.97

B) P = $17,913.54

C) P = $20,003.52

D) P = $13,147.80

E) P = $9,629.07

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