please help with questions 1-3. It is very appreciated. Thank you. II. Russ invests...

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Finance

imageplease help with questions 1-3. It is very appreciated. Thank you.

II. Russ invests $5.000 in a three-year certificate of deposit (CD) that earns 10% compounded annually. How much money will Russ receive at the end of the three years? ? A) Calculate the amount by using simple multiplication. B) Calculate using the future value formula FV = PV (1+i)" ) Calculate using the TVM table. In all cases show your work 2. Assume the same facts as mumber 1, except that the 10% is compounded semianmually. A Calculate using the future value formula FV = PV (1+i) B) Calculate using the TVM table. Show your work in both cases. 3. Patrick wants to encourage students to study accounting so he sets up a scholarship to pay all his accounting students $5,000 upon successful completion of managerial accounting. However, the money is not payable to students until they obtain a Master in Accounting from an accredited university. After completing managerial accounting, it takes Betty 5 years to obtain a Master in Accounting. How much will Patrick owe her if the investinent retum is 10% annually? A) Calculate the amount by using simple multiplication. B) Calculate using the future value formula FV = PV (1+1)C) Calculate using the TVM table. In all cases show your work

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