Calculate Answers to the Following Questions Using Future Value And/or

question 52

Essay

Calculate answers to the following questions using future value and/or present value tables.
a.If $100 is deposited in an account paying 8 percent simple interest,what will be the value of the account in five years?
b.If an accumulation of $4,000 is desired at the end of four years,what amount must be deposited now to accomplish that goal,assuming 12 percent interest compounded annually?
c.A deposit of $1,000 made at the end of every six months for five years will grow to what amount,assuming 10 percent interest compounded semiannually?
d.What is the present value of $150 received at the end of each year for 4 years,assuming 9 percent interest compounded annually?
e.What amount must be deposited at the bank today to grow to $10,000 in five years,assuming 14 percent interest compounded semiannually?

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Definitions:

Stress Reduction

The process or techniques used to decrease levels of physical, emotional, and psychological stress.

Flexibility Training

A regimen or program focusing on increasing the range of motion in joints and lengthening muscles, often associated with exercises like stretching.

Muscular Tension

Physical strain or discomfort in the muscles, often resulting from overexertion or stress.

Primary Prevention Activities

Initiatives designed to prevent problems or health issues before they occur, rather than treating them after they have developed.