Calculate the annual payment on a loan using the present value of an annuity. Use discounting to determine the present value of an annuity.

Math/Physic/Economic/Statistic Problems

This assignment will allow you to demonstrate the following objectives:

• Calculate the annual payment on a loan using the present value of an annuity.

• Use discounting to determine the present value of an annuity.

• Calculate the future value of an annuity and periodic annuity payments.

• Determine the present value of a bond.

Instructions: Answer the questions directly on this document. When you are finished, select “Save As,” and save the document using this format: Student ID_UnitIV. Upload this document to BlackBoard as a .doc, docx, or .rtf file. Show all of your work.

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