Question

I need 9-15 through 9-16 answered. Please and thank you.

C. 12 percent snir d. 12 percent simple rate, compoundélt mu a. FV of S400 each six months for five years at a simple rate of 12 b. FV of $200 each three months for five years at a simple rate of 12 C. The annuities described in parts (a) and 9-15 Find the future values of the following ordinary annuities: compounded semiannually percen described in parts (a) and (b) have the same amount of mone compounded quarterly paid into them during the five-year period and both earn interest at the same simple rate, yet the annuity in part (b) earns $101.75 more than the one in part (a) over the five years. Why does this occur? 9-16 Find the present values of the following ordinary annuities: a. PV of $400 each six months for five years at a simple rate of 12 percent, b. PV of $200 each three months for five years at a simple rate of 12 percent, c. The annuities describ compounded semiannually compounded quarterly ed in parts (a) and (b) have the same amount of money paid into them during the five-year period and both earn interest at the same simple rate, yet the present value of t in part (b) is $31.46 greater than the one in part (a). Why does this occur? 9-17 To complete your last year in h laur school.

Answer 1

PAGE NO DATE: 9-1 5400 1-12 O-12 2- = $400 x 7.3601 2.944:04 ス$200 x 14.8775 串29 75-50 Thic disfedncs is alsa dus to unding paud in 13at t not.an mich a스 EV dou-