document.write( "<A HREF=/cgi-bin/jump-to-question.mpl?question=86996>Question 86996</A>: <I><SPAN STYLE=\"word-break: break-all;\"> I need help with these problems.. plese show me how to solve them...thanks....<BR>\n" );
document.write( "Problem# 4<BR>\n" );
document.write( "	Find the effective rate corresponding to the given nominal\r<BR>\n" );
document.write( "\n" );
document.write( "        18% compounded quarterly.\r<BR>\n" );
document.write( "\n" );
document.write( "Problem# 7<BR>\n" );
document.write( "	Find the future value of the ordinary annuity.\r<BR>\n" );
document.write( "\n" );
document.write( " If  R =$2,500, I = 5% interest compounded quarterly for 16 years\r<BR>\n" );
document.write( "<BR>\n" );
document.write( "\n" );
document.write( "Problem# 10<BR>\n" );
document.write( "	Find  the present value of the ordinary annuity. \r<BR>\n" );
document.write( "\n" );
document.write( "Payments of $17,000 made annually for 10 years at 12% compounded annually.\r<BR>\n" );
document.write( "\n" );
document.write( " </SPAN>\n" );
document.write( "</I><HR><TABLE width=100%><TR><TD><B><A HREF=http://www.algebra.com/>Algebra.Com's</A> Answer #62950 by </B><A HREF=/tutors/aboutme.mpl?userid=stanbon><B>stanbon(75887)</B></A><img src=\"/images/stars/stars-13.gif\" alt=\"\" >&nbsp;<A HREF=/tutors/aboutme.mpl?userid=stanbon><IMG SRC=http://www.algebra.com/images/aboutme-small.gif BORDER=0 alt=\"About Me\" VALIGN=MIDDLE></A>&nbsp;<IMG SRC=http://www.algebra.com/images/nopicture.jpg><BR>You can <A HREF=\"/cgi-bin/embed-solution.mpl?show=1&solution=62950\">put this solution on YOUR website!</A><BR><SPAN STYLE=\"word-break: break-all;\"> Find the effective rate corresponding to the given nominal <BR>\n" );
document.write( "18% compounded quarterly.<BR>\n" );
document.write( "(1.r/n)^(n)<BR>\n" );
document.write( "(1+0.18/4)^4<BR>\n" );
document.write( "= (1+0.045)^4<BR>\n" );
document.write( "= (1.1925)<BR>\n" );
document.write( "The effective rate is 19.25%<BR>\n" );
document.write( "================ <BR>\n" );
document.write( "Problem# 7<BR>\n" );
document.write( "Find the future value of the ordinary annuity. <BR>\n" );
document.write( "If R =$2,500, I = 5% interest compounded quarterly for 16 years<BR>\n" );
document.write( "-------<BR>\n" );
document.write( "Formula: S = R[(1+i)^n -1]/i<BR>\n" );
document.write( "S = 2500[(1+0.05/4)^4 - 1]/[0.05/4]<BR>\n" );
document.write( "S = 2500[1.0125^4 -1]/[0.0125]<BR>\n" );
document.write( "S = 2500[0.050945]/[0.0125]<BR>\n" );
document.write( "S = 2500(4.0756269..<BR>\n" );
document.write( "S = $10,189.07<BR>\n" );
document.write( "=================== \r<BR>\n" );
document.write( "\n" );
document.write( "Problem# 10<BR>\n" );
document.write( "Find the present value of the ordinary annuity. <BR>\n" );
document.write( "Payments of $17,000 made annually for 10 years at 12% compounded annually.<BR>\n" );
document.write( "-------<BR>\n" );
document.write( "Formula: A = R[1 - (1+i)^-n]/i<BR>\n" );
document.write( "A = 17000[1 - (1.12)^(-10)]/0.12<BR>\n" );
document.write( "A = 17000[5.650223]<BR>\n" );
document.write( "A = $96,053.79<BR>\n" );
document.write( "============<BR>\n" );
document.write( "Cheers,<BR>\n" );
document.write( "Stan H. \r<BR>\n" );
document.write( "\n" );
document.write( " </SPAN>\n" );
document.write( "</TD></TR></TABLE>\n" );