Find (Period Rate), (Number of Periods), and (Future Value) for the Information

question 72

Multiple Choice

Find (period rate) , (number of periods) , and (future value) for the information given. Fill in the table. }">$\text { cellpadding="0" cellspacing="0" width } = " 92 \% \text { " border="1"> }$


$\begin{array}{cccccccc}\text { Compounding } & P & r & t & n & i & N & A \\\text { Period } & \begin{array}{c}\text { Present } \\\text { Value }\end{array} & \begin{array}{c}\text { Annual } \\\text { Rate }\end{array} & & & \begin{array}{c}\text { Time } \\\text { Reriod }\end{array} & \begin{array}{c}\text { Number of } \\\text { Pature }\end{array} & \begin{array}{c}\text { Periods } \\\text { Value }\end{array} \\\text { Monthly } & \$ 450 & 12 \% & 5 \mathrm{yr} & ? & ? & ? & ?\end{array}$

• A) \(n\) \(\mathrm { N }\) \(A\) Period Number of Future Rate Periods Value 60 12 12 $3,690.00
• B) \(n\) \(\mathrm { N }\) \(A\) Period Number of Future Rate Periods Value 4 3 60 $812.75
• C) \(n\) \(\mathrm { N }\) \(A\) Period Number of Future Rate Periods Value 12 1 60 $817.51
• D) \(n\) \(\mathrm { N }\) \(A\) Period Number of Future Rate Periods Value 12 1 60 $507.31
• E) \(n\) \(\mathrm { N }\) \(A\) Period Number of Future Rate Periods Value 12 1 60 $454.52

---

Definitions:

Monopolist

An individual or company that holds exclusive control over the supply or trade of a particular good or service, allowing them to influence prices and market conditions.

Short-Run

The short-run in economics refers to a period during which at least one input, such as plant size, is fixed and cannot be changed.

Long-Run

A period of time in which all factors of production and costs are variable, allowing for full adjustment to changes.

Marginal Revenue

The increase in revenue from the sale of one more unit of a product or service.