FIN 500 Critical Thinking- Study Problems (100)

Complete the following Study Problems from your textbook. The numbers in parentheses refer to the chapter and the problem number, for example 3-5 refers to Chapter 3, problem 5. The Study problems are linked at the bottom of the page.

1.       Compound interest (5-1)

2.       Present value (5-4)

3.       Present value comparison (5-11)

4.       Future value (5-15)

5.       Compound annuity (5-20)

6.       Loan amortization (5-23)

7.       Loan amortization (5-29)

8.       Compound interest with nonannual periods (5-38)

You will likely use a spreadsheet for this assignment but you may choose to type up your answers in a Word document. In either case, be sure to show your work. Support your answers by showing the formulas you use and defining any variables in the formulas. Any essay responses should be supported with appropriate citations and references.

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