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

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Definitions:

Buyout Price

The agreed-upon amount for purchasing a company's or individual's share, often used in buy-sell agreements or mergers and acquisitions.

Date of Dissociation

The specific date on which a member's involvement in a partnership or entity ends.

Unlimited Liability

A legal structure where business owners' personal assets can be used to pay off the business's debts and liabilities.

General Partner

An owner of a partnership who has unlimited liability and is active in managing the business.