Quiz #08 - Results

Problem 1: Read each problem carefully and answer each question to solve the problem. Find the period of deferral in each of the following deferral annuity problems (one way to find the period of deferral is to count the number of artificial payment (k). Make a diagram 1. Payment of P 3,000.00 every 3 months for 8 years that will start 6 years Time Diagram Answer

Please provide all answers correctly

Question content area top Part 1 ​(Related to Checkpoint​ 6.4) ​ (Present value of a perpetuity​)  What is the present value of a ​$   220 perpetuity discounted back to the present at   8 ​percent?           Question content area bottom Part 1 The present value of the perpetuity is​ $   enter your response here . ​ (Round to the nearest​ cent.)

Problem 1: Read each problem carefully and answer each question to solve the problem. Find the period of deferral in each of the following deferral annuity problems (one way to find the period of deferral is to count the numnber of artificial payment (k). Make a diagram 1. Payment of P 3,000.00 every 3 months for 8 years that will start 6 years Time Diagram Answer

eck my work mode : This shows what is correct or incorrect for the work you have completed so Drill Problem 13-3 (Algo) [LU 13-1 (2)] Complete the ordinary annuity as an annuity due (future value) for the following: (Please use Table.) (Do not round intermediate calculations. Round your answer to the nearest cent.) XAnswer is complete but not entirely correct. Amount of Payment payable Interest rate payment Years Annuity due 4,900 Annually 14 4. 89,630.36 X Drov %24 %24

Please explain every step. Thank you

Suppose you would like to invest your money for your future. You have three choices of funding agencies namely, FA 1, FA 2, and FA 3. Based on the given data below, compute for the future interest of each funding agency. What would you choose? Explain your answer. (Kindly explain your answer and put a step-by-step formula. I can't understand excel)

answer with working , explanation , formula answer in text

Attempts Attempt 1 score is6.7This attempt is in progress.    Keep the Highest 6.7 out of 106.7 / 10   5. Present value of annuities and annuity payments The present value of an annuity is the sum of the discounted value of all future cash flows. You have the opportunity to invest in several annuities. Which of the following 10-year annuities has the greatest present value (PV)? Assume that all annuities earn the same positive interest rate. An annuity that pays $500 at the end of every six months   An annuity that pays $1,000 at the beginning of each year   An annuity that pays $1,000 at the end of each year   An annuity that pays $500 at the beginning of every six months     You bought an annuity selling at $17,390.08 today that promises to make equal payments at the beginning of each year for the next eight years (N). If the annuity’s appropriate interest rate (I) remains at 5.00% during this time, then the value of the annual annuity payment…

Not use excel Q)Complete the ordinary annuity as an annuity due (future value) for the following. Do not round intermediate calculations. Round your answer to the nearest cent. Amount of payment $4,900 Payment payable: annually Years: 14 Interest rate: 4% Annuity due: ?

Note:- Do not provide handwritten solution. Maintain accuracy and quality in your answer. Take care of plagiarism. Answer completely. You will get up vote for sure.

Use the table below to answer the following questions:                  Present Value of 1 Factor Present Value of an Annuity of 1 Factor   Period 1/2 Yr Full-Yr 1/2 Yr Full-Yr   1 0.9578 0.9174 0.9578 0.9174   2 0.9174 0.8417 1.8753 1.7591   3 0.8787 0.7722 2.7540 2.5313   4 0.8417 0.7084 3.5957 3.2397   5 0.8062 0.6499 4.4019 3.8897   6 0.7722 0.5963 5.1740 4.4859   Assumption: Required annual effective rate (EPR) of return is 9%.   If an investment pays you $54,000 every  6 months for 3 years, what is its present value?   $279,396 $250,193 $273,380 $291,703

Use the table below to answer the following questions:                  Present Value of 1 Factor Present Value of an Annuity of 1 Factor   Period 1/2 Yr Full-Yr 1/2 Yr Full-Yr   1 0.9578 0.9174 0.9578 0.9174   2 0.9174 0.8417 1.8753 1.7591   3 0.8787 0.7722 2.7540 2.5313   4 0.8417 0.7084 3.5957 3.2397   5 0.8062 0.6499 4.4019 3.8897   6 0.7722 0.5963 5.1740 4.4859   Assumption: Required annual effective rate (EPR) of return is 9%.   If an investment pays you $108,000 at the end of each year for 3 years, what is its present value? Group of answer choices $291,703 $273,380 $279,396 $250,193

Use the table below to answer the following questions:                  Present Value of 1 Factor Present Value of an Annuity of 1 Factor   Period 1/2 Yr Full-Yr 1/2 Yr Full-Yr   1 0.9578 0.9174 0.9578 0.9174   2 0.9174 0.8417 1.8753 1.7591   3 0.8787 0.7722 2.7540 2.5313   4 0.8417 0.7084 3.5957 3.2397   5 0.8062 0.6499 4.4019 3.8897   6 0.7722 0.5963 5.1740 4.4859   Assumption: Required annual effective rate (EPR) of return is 9%.   If an investment pays you $54,000 every 6 months for 3 years, starting at the beginning of each 6 month period, what is its present value? Group of answer choices $279,396 $291,703 $250,193 $273,380

Computing Annuity Amounts Under Different Situations Answer the questions to the following four separate scenarios. For #1 to #3, round your answer to the nearest whole dollar. For #4 and #5, round percentage to two decimal places (for example, enter 8.54 for 8.5444%). Do not use a negative sign with your answer.  On January 1, Jin owed a debt of $12,104. An agreement was reached that she would pay the debt plus compound interest in 24 monthly installments of $560, the first payment to be made at the end of January. What rate of annual interest is she paying? Answer

Q. 4

Haresh

For each of the following annuities, calculate the present value. Note: Do not round intermediate calculations and round your answers to 2 decimal places, e.g., 32.16. Present Value Annuity Payment $ $ $ $ 1,950 1,265 11,455 29,900 Years 7 9 16 24 Interest Rate 8% 7 9 11

Future Value of an Annuity Find the future value of the following annuities. The first payment in these annuities is made at the end of Year 1, so they are ordinary annuities. (Notes: If you are using a financial calculator, you can enter the known values and then press the appropriate key to find the unknown variable. Then, without clearing the TVM register, you can "override" the variable that changes by simply entering a new value for it and then pressing the key for the unknown variable to obtain the second answer. This procedure can be used in many situations, to see how changes in input variables affect the output variable. Also, note that you can leave values in the TVM register, switch to Begin Mode, press FV, and find the FV of the annuity due.) Do not round intermediate calculations. Round your answers to the nearest cent. $600 per year for 10 years at 14%. $   $300 per year for 5 years at 7%. $   $600 per year for 5 years at 0%. $   Now rework parts a, b, and c…

Computing Annuity Amounts Under Different Situations Answer the questions to the following four separate scenarios. For #1 to #3, round your answer to the nearest whole dollar. For #4 and #5, round percentage to two decimal places (for example, enter 8.54 for 8.5444%). Do not use a negative sign with your answer.   1. Julie has $20,000 in a fund that earns 6% annual compound interest. If she desires to withdraw it in five equal annual amounts, starting today (at beginning of period), how much would she receive each year? Answer   2. Jules deposits $200 each semiannual period starting today (at beginning of period); this account earns 4% (annual rate). What is the balance in the account at the end of year 10? Answer   3. Jill purchases a new automobile that cost $11,200. She receives a $3,200 trade-in allowance for her old auto and signs a $8,000 note with a market rate of 8%. The note requires eight equal quarterly payments starting at the end of the first quarter from date…

I dont just need answer, i want full explanation

An annuity due is an annuity for which:   Question 10 options:   A)  the payments are made to repay a loan   B)  the payments are made at the beginning of each payment period   C)  the payments continue forever   D)  the payments are made at the end of each payment period   E)  the payment period is not the same as the conversion period

Vishanu

Direction: Solve what is being asked and show your complete and neat solution. (ROUND OF PV FACTORS TO 4 DECIMAL PLACES, ROUND OF FINAL ANSWER TO TWO DECIMAL PLACES. IN MCQs CHOOSE THE BEST ANSWER) B.) Which of the following statements is most correct? a. The present value of an annuity due will exceed the present value of an ordinary annuity (assuming all else equal). b. The future value of an annuity due will exceed the future value of an ordinary annuity (assuming all else equal). c. The nominal interest rate will always be greater than or equal to the effective annual interest rate. d. Statements a and b are correct. e. All of the statements above are correct.

For each of the following annuities, calculate the present value. Note: Do not round intermediate calculations and round your answers to 2 decimal places, e.g., 32.16. Present Value Annuity Payment $ 2,750 $ 1,505 13,455 33,900 LA $ $ SA Years 7 9 16 30 Interest Rate 6 % 5 7 9