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Annual Interest 6.50% 3.

25%
Number of Payments 2
PV $6,500
Term 4 8

FV Factor 1.2916 1.296

FV $8,424.00
Roy Gross
Annual Interest 6.80%
FV $29,000
Term 6

FV Factor 1.4840 1.484

Amount to Be Invested Today $19,541.78


Annual Interest 4.10%

Year Savings FV Factor FV Factor (Rounded) FV


1 $774 1.1744 1.1744 $908.99
2 $636 1.1281 1.1281 $717.47
3 $686 1.0837 1.0837 $743.42
4 $675 1.0410 1.041 $702.68

FV $3,072.55
Jeremy Fenloch

Discount Rate 8.50%

Year Payments PV Factor PV Factor (Rounded) PV


1 $1,225 0.9217 0.9217 $1,129.08
2 $1,350 0.8495 0.8495 $1,146.83
3 $1,500 0.7829 0.7829 $1,174.35
4 $1,600 0.7216 0.7216 $1,154.56
5 $1,600 0.6650 0.665 $1,064.00

Amount Borrowed $5,668.82


Cecelia Thomas
Annual Investment $3,000
Number of Payments 40
Rate of Return 9.60%
FV Factor 397.1052 397.1052

FV $1,191,315.60
Elkridge Bar & Grill

Term 7
PV $30,000
Interest 11.00%

PV of Annuity Factor 5.2305 5.2305

Payment $5,735.59
a)
PV $246,000
Interest 6%

Annual Cash Flow $14,760

b)
PV $55,000
Interest 12%

Annual Cash Flow $6,600

c)
PV $121,000
Interest 10%

Annual Cash Flow $12,100


CelebNav, Inc

PV $630,000
g1 19% 3 years
g2 13% 2 years

Sales in Year 5 $1,355,621


Stephanie Watson

Expected Return 12.10%

Year Investment FV Factor PV Factor (Rounded) FV


1 $2,550 1.9844 1.9844 $5,060.22
2 $2,550 1.7702 1.7702 $4,514.01
3 $2,550 1.5791 1.5791 $4,026.71
4 $3,650 1.4087 1.4087 $5,141.76
5 $3,725 1.2566 1.2566 $4,680.84
6 $3,875 1.121 1.121 $4,343.88
7 $4,000 1 1 $4,000.00

FV $31,767.40
Jeremy Denham
Annual Investment $4,900
Number of Payments 8
Annuity Due
Rate of Return 8.50%

Amount Saved $57,581.09

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