Planit:Present and Future Values Calculator Exercise Answer Key

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Canada English

Future Value: If you invest $100 now, and leave it for 5 years at a rate of 5% p.a., compounded annually, what amount will you have accumulated by the end of the 5-year period? $_______in the account at the end of the period. Present Value: You have been promised $10,000 by your parents when you reach the age of 21. They are going to invest in a five (5) year GIC with a 6% p.a. return, compounded annually. You are now 16 years of age, what amount do your parents have to invest now in order to have your $10,000 in five (5) years? $_______ is the amount of GICs that your parents should purchase today. Future / Present Value Factor for an Annuity: You send your brother $180 at the beginning of every year for 10 years. He invests the amount at 4.25% compounded annually. What amount does he have after the 10th year? $_______is the amount that my brother will have after the 10th year. Answers: Future Value: Select Present and Future Values from the Calculators drop-down menu on the Home page. Click on the Radio button to indicate Select the Frequency as annual. In the number of payments field enter 5, since this is the number of times the interest will be compounded. In % Interest/year field enter 5% In the Present Value field enter the amount of 100 Click on the button next to Future Value. The result should be $127.63. Present Value Select Present and Future Values from the Calculators drop-down on the Home page. Click on the Radio button to indicate Select the Frequency as annual. In the number of payments field enter 5, since this is the number of times the interest will be compounded. (5 years x 1 compound/year) In % Interest/year field enter 6% In the Future Value field enter the amount of $10,000. Click on the button next to Present Value. The result should be $7,472.58. Future / Present Value Factor for an Annuity Select Present and Future Values from the Calculators drop-down menu on the Home page. Click on the Radio button to indicate Select the Periodic Payment as $180 Select the Frequency as annual. In the number of payments field enter 10. In % Interest/year field enter 4.25% Leave the Index Payments/Year field at 0% because you will not increase the amount you send to your brother. Click on the button next to Future Value. The result should be $2,186.32.

United States of America

Future Value: If you invest $100 now, and leave it for 5 years at a rate of 5% p.a., compounded annually, what amount will you have accumulated by the end of the 5-year period? $_______in the account at the end of the period. Present Value: You have been promised $10,000 by your parents when you reach the age of 21. They are going to invest in a five (5) year Certificate of Deposit with a 6% p.a. return, compounded annually. You are now 16 years of age, what amount do your parents have to invest now in order to have your $10,000 in five (5) years? $_______ is the amount of Certificate of Deposits that your parents should purchase today. Future / Present Value Factor for an Annuity: You send your brother $180 at the beginning of every year for 10 years. He invests the amount at 4.25% compounded annually. What amount does he have after the 10th year? $_______is the amount that my brother will have after the 10th year. Answers: Future Value: Select Present and Future Values from the Calculators drop-down menu on the Home page. Click on the Radio button to indicate Select the Frequency as annual. In the number of payments field enter 5, since this is the number of times the interest will be compounded. In % Interest/year field enter 5% In the Present Value field enter the amount of 100 Click on the button next to Future Value. The result should be $127.63. Present Value Select Present and Future Values from the Calculators drop-down on the Home page. Click on the Radio button to indicate Select the Frequency as annual. In the number of payments field enter 5, since this is the number of times the interest will be compounded. (5 years x 1 compound/year) In % Interest/year field enter 6% In the Future Value field enter the amount of $10,000. Click on the button next to Present Value. The result should be $7,472.58. Future / Present Value Factor for an Annuity Select Present and Future Values from the Calculators drop-down menu on the Home page. Click on the Radio button to indicate Select the Periodic Payment as $180 Select the Frequency as annual. In the number of payments field enter 10. In % Interest/year field enter 4.25% Leave the Index Payments/Year field at 0% because you will not increase the amount you send to your brother. Click on the button next to Future Value. The result should be $2,186.32.

Argentina

Future Value: If you invest $380 now, and leave it for 5 years at a rate of 5% p.a., compounded annually, what amount will you have accumulated by the end of the 5-year period? $_______in the account at the end of the period. Present Value: You have been promised $38 000 by your parents when you reach the age of 21. They are going to invest in a five (5) year Time Deposit with a 6% p.a. return, compounded annually. You are now 16 years of age, what amount do your parents have to invest now in order to have your $38 000 in five (5) years? $_______ is the amount of Time Deposits that your parents should purchase today. Future / Present Value Factor for an Annuity: You send your brother $690 at the beginning of every year for 10 years. He invests the amount at 4.25% compounded annually. What amount does he have after the 10th year? $_______is the amount that my brother will have after the 10th year. Answers: Future Value: Select Present and Future Values from the Calculators drop-down menu on the Home page. Click on the Radio button to indicate Select the Frequency as annual. In the number of payments field enter 5, since this is the number of times the interest will be compounded. In % Interest/year field enter 5% In the Present Value field enter the amount of 380 Click on the button next to Future Value. The result should be $484.99. Present Value Select Present and Future Values from the Calculators drop-down on the Home page. Click on the Radio button to indicate Select the Frequency as annual. In the number of payments field enter 5, since this is the number of times the interest will be compounded. (5 years x 1 compound/year) In % Interest/year field enter 6% In the Future Value field enter the amount of $38 000. Click on the button next to Present Value. The result should be $28 395.81. Future / Present Value Factor for an Annuity Select Present and Future Values from the Calculators drop-down menu on the Home page. Click on the Radio button to indicate Select the Periodic Payment as $690 Select the Frequency as annual. In the number of payments field enter 10. In % Interest/year field enter 4.25% Leave the Index Payments/Year field at 0% because you will not increase the amount you send to your brother. Click on the button next to Future Value. The result should be $8 380.89.

Brazil

Future Value: If you invest R$7 200 now, and leave it for 5 years at a rate of 5% p.a., compounded annually, what amount will you have accumulated by the end of the 5-year period? R$_______in the account at the end of the period. Present Value: You have been promised R$720 000 by your parents when you reach the age of 21. They are going to invest in a five (5) year Time Deposit with a 6% p.a. return, compounded annually. You are now 16 years of age, what amount do your parents have to invest now in order to have your R$720 000 in five (5) years? R$_______ is the amount of Time Deposits that your parents should purchase today. Future / Present Value Factor for an Annuity: You send your brother R$13 000 at the beginning of every year for 10 years. He invests the amount at 4.25% compounded annually. What amount does he have after the 10th year? R$_______is the amount that my brother will have after the 10th year. Answers: Future Value: Select Present and Future Values from the Calculators drop-down menu on the Home page. Click on the Radio button to indicate Select the Frequency as annual. In the number of payments field enter 5, since this is the number of times the interest will be compounded. In % Interest/year field enter 5% In the Present Value field enter the amount of 7 200 Click on the button next to Future Value. The result should be R$9 189.23. Present Value Select Present and Future Values from the Calculators drop-down on the Home page. Click on the Radio button to indicate Select the Frequency as annual. In the number of payments field enter 5, since this is the number of times the interest will be compounded. (5 years x 1 compound/year) In % Interest/year field enter 6% In the Future Value field enter the amount of R$720 000. Click on the button next to Present Value. The result should be R$538 025.88. Future / Present Value Factor for an Annuity Select Present and Future Values from the Calculators drop-down menu on the Home page. Click on the Radio button to indicate Select the Periodic Payment as R$13 000 Select the Frequency as annual. In the number of payments field enter 10. In % Interest/year field enter 4.25% Leave the Index Payments/Year field at 0% because you will not increase the amount you send to your brother. Click on the button next to Future Value. The result should be R$157 900.90.

United Kingdom

Future Value: If you invest £60 now, and leave it for 5 years at a rate of 5% p.a., compounded annually, what amount will you have accumulated by the end of the 5-year period? £_______in the account at the end of the period. Present Value: You have been promised £6 000 by your parents when you reach the age of 21. They are going to invest in a five (5) year Bond with a 6% p.a. return, compounded annually. You are now 16 years of age, what amount do your parents have to invest now in order to have your £6 000 in five (5) years? £_______ is the amount of Bonds that your parents should purchase today. Future / Present Value Factor for an Annuity: You send your brother £110 at the beginning of every year for 10 years. He invests the amount at 4.25% compounded annually. What amount does he have after the 10th year? £_______is the amount that my brother will have after the 10th year. Answers: Future Value: Select Present and Future Values from the Calculators drop-down menu on the Home page. Click on the Radio button to indicate Select the Frequency as annual. In the number of payments field enter 5, since this is the number of times the interest will be compounded. In % Interest/year field enter 5% In the Present Value field enter the amount of 60 Click on the button next to Future Value. The result should be £76.58. Present Value Select Present and Future Values from the Calculators drop-down on the Home page. Click on the Radio button to indicate Select the Frequency as annual. In the number of payments field enter 5, since this is the number of times the interest will be compounded. (5 years x 1 compound/year) In % Interest/year field enter 6% In the Future Value field enter the amount of £6 000. Click on the button next to Present Value. The result should be £4 483.55. Future / Present Value Factor for an Annuity Select Present and Future Values from the Calculators drop-down menu on the Home page. Click on the Radio button to indicate Select the Periodic Payment as £110 Select the Frequency as annual. In the number of payments field enter 10. In % Interest/year field enter 4.25% Leave the Index Payments/Year field at 0% because you will not increase the amount you send to your brother. Click on the button next to Future Value. The result should be £1 336.08.

Russia

Future Value: If you invest руб.3 000 now, and leave it for 5 years at a rate of 5% p.a., compounded annually, what amount will you have accumulated by the end of the 5-year period? руб._______in the account at the end of the period. Present Value: You have been promised руб.30 0000 by your parents when you reach the age of 21. They are going to invest in a five (5) year Time Deposit with a 6% p.a. return, compounded annually. You are now 16 years of age, what amount do your parents have to invest now in order to have your руб.30 0000 in five (5) years? руб._______ is the amount of Time Deposits that your parents should purchase today. Future / Present Value Factor for an Annuity: You send your brother руб.5 400 at the beginning of every year for 10 years. He invests the amount at 4.25% compounded annually. What amount does he have after the 10th year? руб._______is the amount that my brother will have after the 10th year. Answers: Future Value: Select Present and Future Values from the Calculators drop-down menu on the Home page. Click on the Radio button to indicate Select the Frequency as annual. In the number of payments field enter 5, since this is the number of times the interest will be compounded. In % Interest/year field enter 5% In the Present Value field enter the amount of 3 000 Click on the button next to Future Value. The result should be руб.3 828.84. Present Value Select Present and Future Values from the Calculators drop-down on the Home page. Click on the Radio button to indicate Select the Frequency as annual. In the number of payments field enter 5, since this is the number of times the interest will be compounded. (5 years x 1 compound/year) In % Interest/year field enter 6% In the Future Value field enter the amount of руб.30 000. Click on the button next to Present Value. The result should be руб.22 417.75. Future / Present Value Factor for an Annuity Select Present and Future Values from the Calculators drop-down menu on the Home page. Click on the Radio button to indicate Select the Periodic Payment as руб.5 400 Select the Frequency as annual. In the number of payments field enter 10. In % Interest/year field enter 4.25% Leave the Index Payments/Year field at 0% because you will not increase the amount you send to your brother. Click on the button next to Future Value. The result should be руб.2 186.32.

China

Future Value: If you invest ¥650 now, and leave it for 5 years at a rate of 5% p.a., compounded annually, what amount will you have accumulated by the end of the 5-year period? ¥_______in the account at the end of the period. Present Value: You have been promised ¥65 000 by your parents when you reach the age of 21. They are going to invest in a five (5) year Time Deposit with a 6% p.a. return, compounded annually. You are now 16 years of age, what amount do your parents have to invest now in order to have your ¥65 000 in five (5) years? ¥_______ is the amount of Time Deposits that your parents should purchase today. Future / Present Value Factor for an Annuity: You send your brother ¥1 200 at the beginning of every year for 10 years. He invests the amount at 4.25% compounded annually. What amount does he have after the 10th year? ¥_______is the amount that my brother will have after the 10th year. Answers: Future Value: Select Present and Future Values from the Calculators drop-down menu on the Home page. Click on the Radio button to indicate Select the Frequency as annual. In the number of payments field enter 5, since this is the number of times the interest will be compounded. In % Interest/year field enter 5% In the Present Value field enter the amount of 650 Click on the button next to Future Value. The result should be ¥829.58. Present Value Select Present and Future Values from the Calculators drop-down on the Home page. Click on the Radio button to indicate Select the Frequency as annual. In the number of payments field enter 5, since this is the number of times the interest will be compounded. (5 years x 1 compound/year) In % Interest/year field enter 6% In the Future Value field enter the amount of ¥65 000. Click on the button next to Present Value. The result should be ¥48 571.78. Future / Present Value Factor for an Annuity Select Present and Future Values from the Calculators drop-down menu on the Home page. Click on the Radio button to indicate Select the Periodic Payment as ¥1 200 Select the Frequency as annual. In the number of payments field enter 10. In % Interest/year field enter 4.25% Leave the Index Payments/Year field at 0% because you will not increase the amount you send to your brother. Click on the button next to Future Value. The result should be ¥14 575.47.

Malaysia

Future Value: If you invest RM300 now, and leave it for 5 years at a rate of 5% p.a., compounded annually, what amount will you have accumulated by the end of the 5-year period? RM_______in the account at the end of the period. Present Value: You have been promised RM30 000 by your parents when you reach the age of 21. They are going to invest in a five (5) year Time Deposit with a 6% p.a. return, compounded annually. You are now 16 years of age, what amount do your parents have to invest now in order to have your RM30 000 in five (5) years? RM_______ is the amount of Time Deposits that your parents should purchase today. Future / Present Value Factor for an Annuity: You send your brother RM550 at the beginning of every year for 10 years. He invests the amount at 4.25% compounded annually. What amount does he have after the 10th year? RM_______is the amount that my brother will have after the 10th year. Answers: Future Value: Select Present and Future Values from the Calculators drop-down menu on the Home page. Click on the Radio button to indicate Select the Frequency as annual. In the number of payments field enter 5, since this is the number of times the interest will be compounded. In % Interest/year field enter 5% In the Present Value field enter the amount of 300 Click on the button next to Future Value. The result should be RM382.88. Present Value Select Present and Future Values from the Calculators drop-down on the Home page. Click on the Radio button to indicate Select the Frequency as annual. In the number of payments field enter 5, since this is the number of times the interest will be compounded. (5 years x 1 compound/year) In % Interest/year field enter 6% In the Future Value field enter the amount of RM30 000. Click on the button next to Present Value. The result should be RM22 417.75. Future / Present Value Factor for an Annuity Select Present and Future Values from the Calculators drop-down menu on the Home page. Click on the Radio button to indicate Select the Periodic Payment as RM550 Select the Frequency as annual. In the number of payments field enter 10. In % Interest/year field enter 4.25% Leave the Index Payments/Year field at 0% because you will not increase the amount you send to your brother. Click on the button next to Future Value. The result should be RM364 386.68.

Singapore

Future Value: If you invest S$130 now, and leave it for 5 years at a rate of 5% p.a., compounded annually, what amount will you have accumulated by the end of the 5-year period? S$_______in the account at the end of the period. Present Value: You have been promised S$13 000 by your parents when you reach the age of 21. They are going to invest in a five (5) year Time Deposit with a 6% p.a. return, compounded annually. You are now 16 years of age, what amount do your parents have to invest now in order to have your S$13 000 in five (5) years? S$_______ is the amount of Time Deposits that your parents should purchase today. Future / Present Value Factor for an Annuity: You send your brother S$230 at the beginning of every year for 10 years. He invests the amount at 4.25% compounded annually. What amount does he have after the 10th year? S$_______is the amount that my brother will have after the 10th year. Answers: Future Value: Select Present and Future Values from the Calculators drop-down menu on the Home page. Click on the Radio button to indicate Select the Frequency as annual. In the number of payments field enter 5, since this is the number of times the interest will be compounded. In % Interest/year field enter 5% In the Present Value field enter the amount of 130 Click on the button next to Future Value. The result should be S$165.92. Present Value Select Present and Future Values from the Calculators drop-down on the Home page. Click on the Radio button to indicate Select the Frequency as annual. In the number of payments field enter 5, since this is the number of times the interest will be compounded. (5 years x 1 compound/year) In % Interest/year field enter 6% In the Future Value field enter the amount of S$13 000. Click on the button next to Present Value. The result should be S$9 714.36. Future / Present Value Factor for an Annuity Select Present and Future Values from the Calculators drop-down menu on the Home page. Click on the Radio button to indicate Select the Periodic Payment as S$230 Select the Frequency as annual. In the number of payments field enter 10. In % Interest/year field enter 4.25% Leave the Index Payments/Year field at 0% because you will not increase the amount you send to your brother. Click on the button next to Future Value. The result should be S$2 793.63.

Hong Kong

Future Value: If you invest HK$750 now, and leave it for 5 years at a rate of 5% p.a., compounded annually, what amount will you have accumulated by the end of the 5-year period? HK$_______in the account at the end of the period. Present Value: You have been promised HK$75 000 by your parents when you reach the age of 21. They are going to invest in a five (5) year Time Deposit with a 6% p.a. return, compounded annually. You are now 16 years of age, what amount do your parents have to invest now in order to have your HK$75 000 in five (5) years? HK$_______ is the amount of Time Deposits that your parents should purchase today. Future / Present Value Factor for an Annuity: You send your brother HK$1 400 at the beginning of every year for 10 years. He invests the amount at 4.25% compounded annually. What amount does he have after the 10th year? HK$_______is the amount that my brother will have after the 10th year. Answers: Future Value: Select Present and Future Values from the Calculators drop-down menu on the Home page. Click on the Radio button to indicate Select the Frequency as annual. In the number of payments field enter 5, since this is the number of times the interest will be compounded. In % Interest/year field enter 5% In the Present Value field enter the amount of 750 Click on the button next to Future Value. The result should be HK$957.21. Present Value Select Present and Future Values from the Calculators drop-down on the Home page. Click on the Radio button to indicate Select the Frequency as annual. In the number of payments field enter 5, since this is the number of times the interest will be compounded. (5 years x 1 compound/year) In % Interest/year field enter 6% In the Future Value field enter the amount of HK$75 000. Click on the button next to Present Value. The result should be HK$56 044.36. Future / Present Value Factor for an Annuity Select Present and Future Values from the Calculators drop-down menu on the Home page. Click on the Radio button to indicate Select the Periodic Payment as HK$1 400 Select the Frequency as annual. In the number of payments field enter 10. In % Interest/year field enter 4.25% Leave the Index Payments/Year field at 0% because you will not increase the amount you send to your brother. Click on the button next to Future Value. The result should be HK$17 004.71.

India

Future Value: If you invest 4 400 now, and leave it for 5 years at a rate of 5% p.a., compounded annually, what amount will you have accumulated by the end of the 5-year period? _______in the account at the end of the period. Present Value: You have been promised 440 000 by your parents when you reach the age of 21. They are going to invest in a five (5) year Fixed Deposit with a 6% p.a. return, compounded annually. You are now 16 years of age, what amount do your parents have to invest now in order to have your 440 000 in five (5) years? _______ is the amount of Fixed Deposits that your parents should purchase today. Future / Present Value Factor for an Annuity: You send your brother 8 000 at the beginning of every year for 10 years. He invests the amount at 4.25% compounded annually. What amount does he have after the 10th year? _______is the amount that my brother will have after the 10th year. Answers: Future Value: Select Present and Future Values from the Calculators drop-down menu on the Home page. Click on the Radio button to indicate Select the Frequency as annual. In the number of payments field enter 5, since this is the number of times the interest will be compounded. In % Interest/year field enter 5% In the Present Value field enter the amount of 4 400 Click on the button next to Future Value. The result should be 5 615.64. Present Value Select Present and Future Values from the Calculators drop-down on the Home page. Click on the Radio button to indicate Select the Frequency as annual. In the number of payments field enter 5, since this is the number of times the interest will be compounded. (5 years x 1 compound/year) In % Interest/year field enter 6% In the Future Value field enter the amount of 440 000. Click on the button next to Present Value. The result should be 328 793.60. Future / Present Value Factor for an Annuity Select Present and Future Values from the Calculators drop-down menu on the Home page. Click on the Radio button to indicate Select the Periodic Payment as 8 000 Select the Frequency as annual. In the number of payments field enter 10. In % Interest/year field enter 4.25% Leave the Index Payments/Year field at 0% because you will not increase the amount you send to your brother. Click on the button next to Future Value. The result should be 97 169.78.

Caribbean

Jamaica Future Value: If you invest JA$8 250 now, and leave it for 5 years at a rate of 5% p.a., compounded annually, what amount will you have accumulated by the end of the 5-year period? JA$_______in the account at the end of the period. Present Value: You have been promised JA$825 000 by your parents when you reach the age of 21. They are going to invest in a five (5) year Time Deposit with a 6% p.a. return, compounded annually. You are now 16 years of age, what amount do your parents have to invest now in order to have your JA$825 000 in five (5) years? JA$_______ is the amount of Time Deposits that your parents should purchase today. Future / Present Value Factor for an Annuity: You send your brother JA$15 000 at the beginning of every year for 10 years. He invests the amount at 4.25% compounded annually. What amount does he have after the 10th year? JA$_______is the amount that my brother will have after the 10th year. Answers: Future Value: Select Present and Future Values from the Calculators drop-down menu on the Home page. Click on the Radio button to indicate Select the Frequency as annual. In the number of payments field enter 5, since this is the number of times the interest will be compounded. In % Interest/year field enter 5% In the Present Value field enter the amount of 8 250 Click on the button next to Future Value. The result should be J$10 529.32. Present Value Select Present and Future Values from the Calculators drop-down on the Home page. Click on the Radio button to indicate Select the Frequency as annual. In the number of payments field enter 5, since this is the number of times the interest will be compounded. (5 years x 1 compound/year) In % Interest/year field enter 6% In the Future Value field enter the amount of J$825 000. Click on the button next to Present Value. The result should be J$616 487.99. Future / Present Value Factor for an Annuity Select Present and Future Values from the Calculators drop-down menu on the Home page. Click on the Radio button to indicate Select the Periodic Payment as J$15 000 Select the Frequency as annual. In the number of payments field enter 10. In % Interest/year field enter 4.25% Leave the Index Payments/Year field at 0% because you will not increase the amount you send to your brother. Click on the button next to Future Value. The result should be J$182 193.34. Trinidad and Tobago Future Value: If you invest TT$600 now, and leave it for 5 years at a rate of 5% p.a., compounded annually, what amount will you have accumulated by the end of the 5-year period? TT$_______in the account at the end of the period. Present Value: You have been promised TT$60 000 by your parents when you reach the age of 21. They are going to invest in a five (5) year Time Deposit with a 6% p.a. return, compounded annually. You are now 16 years of age, what amount do your parents have to invest now in order to have your TT$60 000 in five (5) years? TT$_______ is the amount of Time Deposits that your parents should purchase today. Future / Present Value Factor for an Annuity: You send your brother TT$1 100 at the beginning of every year for 10 years. He invests the amount at 4.25% compounded annually. What amount does he have after the 10th year? TT$_______is the amount that my brother will have after the 10th year. Answers: Future Value: Select Present and Future Values from the Calculators drop-down menu on the Home page. Click on the Radio button to indicate Select the Frequency as annual. In the number of payments field enter 5, since this is the number of times the interest will be compounded. In % Interest/year field enter 5% In the Present Value field enter the amount of 600 Click on the button next to Future Value. The result should be TT$765.77. Present Value Select Present and Future Values from the Calculators drop-down on the Home page. Click on the Radio button to indicate Select the Frequency as annual. In the number of payments field enter 5, since this is the number of times the interest will be compounded. (5 years x 1 compound/year) In % Interest/year field enter 6% In the Future Value field enter the amount of TT$60 000. Click on the button next to Present Value. The result should be TT$44 835.49. Future / Present Value Factor for an Annuity Select Present and Future Values from the Calculators drop-down menu on the Home page. Click on the Radio button to indicate Select the Periodic Payment as TT$1 100 Select the Frequency as annual. In the number of payments field enter 10. In % Interest/year field enter 4.25% Leave the Index Payments/Year field at 0% because you will not increase the amount you send to your brother. Click on the button next to Future Value. The result should be TT$13 360.85. Barbados Future Value: If you invest Bds$200 now, and leave it for 5 years at a rate of 5% p.a., compounded annually, what amount will you have accumulated by the end of the 5-year period? Bds$_______in the account at the end of the period. Present Value: You have been promised Bds$20 000 by your parents when you reach the age of 21. They are going to invest in a five (5) year Time Deposit with a 6% p.a. return, compounded annually. You are now 16 years of age, what amount do your parents have to invest now in order to have your Bds$20 000 in five (5) years? Bds$_______ is the amount of Time Deposits that your parents should purchase today. Future / Present Value Factor for an Annuity: You send your brother Bds$350 at the beginning of every year for 10 years. He invests the amount at 4.25% compounded annually. What amount does he have after the 10th year? Bds$_______is the amount that my brother will have after the 10th year. Answers: Future Value: Select Present and Future Values from the Calculators drop-down menu on the Home page. Click on the Radio button to indicate Select the Frequency as annual. In the number of payments field enter 5, since this is the number of times the interest will be compounded. In % Interest/year field enter 5% In the Present Value field enter the amount of 200 Click on the button next to Future Value. The result should be Bds$255.26. Present Value Select Present and Future Values from the Calculators drop-down on the Home page. Click on the Radio button to indicate Select the Frequency as annual. In the number of payments field enter 5, since this is the number of times the interest will be compounded. (5 years x 1 compound/year) In % Interest/year field enter 6% In the Future Value field enter the amount of Bds$20 000. Click on the button next to Present Value. The result should be Bds$14 945.16. Future / Present Value Factor for an Annuity Select Present and Future Values from the Calculators drop-down menu on the Home page. Click on the Radio button to indicate Select the Periodic Payment as Bds$350 Select the Frequency as annual. In the number of payments field enter 10. In % Interest/year field enter 4.25% Leave the Index Payments/Year field at 0% because you will not increase the amount you send to your brother. Click on the button next to Future Value. The result should be Bds$4 251.18. Bermuda Future Value: If you invest BD$100 now, and leave it for 5 years at a rate of 5% p.a., compounded annually, what amount will you have accumulated by the end of the 5-year period? BD$_______in the account at the end of the period. Present Value: You have been promised BD$10 000 by your parents when you reach the age of 21. They are going to invest in a five (5) year Time Deposit with a 6% p.a. return, compounded annually. You are now 16 years of age, what amount do your parents have to invest now in order to have your BD$10 000 in five (5) years? BD$_______ is the amount of Time Deposits that your parents should purchase today. Future / Present Value Factor for an Annuity: You send your brother BD$180 at the beginning of every year for 10 years. He invests the amount at 4.25% compounded annually. What amount does he have after the 10th year? BD$_______is the amount that my brother will have after the 10th year. Answers: Future Value: Select Present and Future Values from the Calculators drop-down menu on the Home page. Click on the Radio button to indicate Select the Frequency as annual. In the number of payments field enter 5, since this is the number of times the interest will be compounded. In % Interest/year field enter 5% In the Present Value field enter the amount of 100 Click on the button next to Future Value. The result should be BD$127.63. Present Value Select Present and Future Values from the Calculators drop-down on the Home page. Click on the Radio button to indicate Select the Frequency as annual. In the number of payments field enter 5, since this is the number of times the interest will be compounded. (5 years x 1 compound/year) In % Interest/year field enter 6% In the Future Value field enter the amount of BD$10 000. Click on the button next to Present Value. The result should be BD$7 472.58. Future / Present Value Factor for an Annuity Select Present and Future Values from the Calculators drop-down menu on the Home page. Click on the Radio button to indicate Select the Periodic Payment as BD$180 Select the Frequency as annual. In the number of payments field enter 10. In % Interest/year field enter 4.25% Leave the Index Payments/Year field at 0% because you will not increase the amount you send to your brother. Click on the button next to Future Value. The result should be BD$2 186.32. Bahamas Future Value: If you invest B$100 now, and leave it for 5 years at a rate of 5% p.a., compounded annually, what amount will you have accumulated by the end of the 5-year period? B$_______in the account at the end of the period. Present Value: You have been promised B$10 000 by your parents when you reach the age of 21. They are going to invest in a five (5) year Time Deposit with a 6% p.a. return, compounded annually. You are now 16 years of age, what amount do your parents have to invest now in order to have your B$10 000 in five (5) years? B$_______ is the amount of Time Deposits that your parents should purchase today. Future / Present Value Factor for an Annuity: You send your brother B$180 at the beginning of every year for 10 years. He invests the amount at 4.25% compounded annually. What amount does he have after the 10th year? B$_______is the amount that my brother will have after the 10th year. Answers: Future Value: Select Present and Future Values from the Calculators drop-down menu on the Home page. Click on the Radio button to indicate Select the Frequency as annual. In the number of payments field enter 5, since this is the number of times the interest will be compounded. In % Interest/year field enter 5% In the Present Value field enter the amount of 100 Click on the button next to Future Value. The result should be B$127.63. Present Value Select Present and Future Values from the Calculators drop-down on the Home page. Click on the Radio button to indicate Select the Frequency as annual. In the number of payments field enter 5, since this is the number of times the interest will be compounded. (5 years x 1 compound/year) In % Interest/year field enter 6% In the Future Value field enter the amount of B$10 000. Click on the button next to Present Value. The result should be B$7 472.58. Future / Present Value Factor for an Annuity Select Present and Future Values from the Calculators drop-down menu on the Home page. Click on the Radio button to indicate Select the Periodic Payment as B$180 Select the Frequency as annual. In the number of payments field enter 10. In % Interest/year field enter 4.25% Leave the Index Payments/Year field at 0% because you will not increase the amount you send to your brother. Click on the button next to Future Value. The result should be B$2 186.32. Puerto Rico Future Value: If you invest $100 now, and leave it for 5 years at a rate of 5% p.a., compounded annually, what amount will you have accumulated by the end of the 5-year period? $_______in the account at the end of the period. Present Value: You have been promised $10,000 by your parents when you reach the age of 21. They are going to invest in a five (5) year Certificate of Deposit with a 6% p.a. return, compounded annually. You are now 16 years of age, what amount do your parents have to invest now in order to have your $10,000 in five (5) years? $_______ is the amount of Certificate of Deposits that your parents should purchase today. Future / Present Value Factor for an Annuity: You send your brother $180 at the beginning of every year for 10 years. He invests the amount at 4.25% compounded annually. What amount does he have after the 10th year? $_______is the amount that my brother will have after the 10th year. Answers: Future Value: Select Present and Future Values from the Calculators drop-down menu on the Home page. Click on the Radio button to indicate Select the Frequency as annual. In the number of payments field enter 5, since this is the number of times the interest will be compounded. In % Interest/year field enter 5% In the Present Value field enter the amount of 100 Click on the button next to Future Value. The result should be $127.63. Present Value Select Present and Future Values from the Calculators drop-down on the Home page. Click on the Radio button to indicate Select the Frequency as annual. In the number of payments field enter 5, since this is the number of times the interest will be compounded. (5 years x 1 compound/year) In % Interest/year field enter 6% In the Future Value field enter the amount of $10,000. Click on the button next to Present Value. The result should be $7,472.58. Future / Present Value Factor for an Annuity Select Present and Future Values from the Calculators drop-down menu on the Home page. Click on the Radio button to indicate Select the Periodic Payment as $180 Select the Frequency as annual. In the number of payments field enter 10. In % Interest/year field enter 4.25% Leave the Index Payments/Year field at 0% because you will not increase the amount you send to your brother. Click on the button next to Future Value. The result should be $2,186.32.

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