7) Determine the amount of the annuity and interest c rate of 6 % compounded quarterly for ten years.

Q: Find the present value of an annuity of $1,800, at the end of each quarter for 8 years after being…

A: please see the next step for solution

Q: Isn't this a General Annuity Due question?

A:

Q: Assume that you make quarterly payments of $ 750 into an annuity paying 5% interest compounded…

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Q: Find the present value of an annuity of $2000 per year at the end of 6 years after being deferred…

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Q: Find the future value of an ordinary annuity of $300 paid quarterly for 2 years, if the interest…

A: Given that in an ordinary annuity, $300 is paid per quarter for 2 years at an interest rate of 15%…

Q: Find the present value of an ordinary annuity with regular quarterly payments worth P1,000 at 3%…

A: In this question, the concept of Compound Interest is applied. Compound Interest Compound interest…

Q: Calculate the effective rate of interest for a savings account paying a nominal rate of 9%…

A: Given that, the interest rate is r=9% and interest is compounded semiannually n=2. Note that, the…

Q: Find the present value of an ordinary annuity which has payments of $1500 per year for 16 years at…

A:

Q: Find the present value of an annuity of $1,800 at the end of each quarter for 8 years after swing…

A:

Q: Find the present value of an annuity due that pays $4000 at the beginning of each quarter for the…

A:

Q: Assume that you make a quarterly payment of $750 into an annuity paying 9% interest compound…

A:

Q: Find the present value of an ordinary annuity with deposits of ​$10,192 quarterly for 6 years at…

A:

Q: What is the present value of an annuity of $1500 deposited quarterly at 12% compounded quarterly for…

A: Consider that the periodic payment of $1500 is deposited quaterley for 4 years with interest rate of…

Q: Find the future value of an ordinary annuity of $1,000 paid at the end of each year for 4 years, if…

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Q: Find the future value of an ordinary annuity of $sixthousand paid quarterly for 5 years, if the…

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Q: Find the interest rate needed for the sinking fund to reach the required amount. Assume that the…

A:

Q: Find the present value of an ordinary annuity with regular quarterly payments worth P1,000 at a 3%…

A:

Q: 7. Find the future value of an annuity where $1000 is deposited at the end of each quarter for 6…

A: According to the problem, we have

Q: What is the accumulated value of periodic deposits of $4,000 made into an investment fund at the…

A:

Q: Find the present value of an ordinary annuity with deposits of $23,591 every 6 months for 8 years at…

A: The present value is given as P=$23591 Rate = r = 10% semi annually = 0.102=0.05 Time = t = 8 years…

Q: Find the present value of a 2-year deferred annuity at 4% interest compounded quarterly with…

A: We will find out the required value.

Q: 3. Determine the Present Value of an annuity which provides payment of $1200 every month for 6…

A: Concept: Future value: Amounts of money or streams of cash flows that are anticipated in the future…

Q: Determine the yearly payment if Mr. Kofilala takes a loan of 30,00 ghana cedis for 10 years with an…

A: Consider the given information. P=30,000 ghana cedis, r=0.5% per month, t=10 years. The continuous…

Q: Find the present value of an annuity of $7000 paid at the end of each 6-month period for 6 years if…

A: Recall the formula for present value as follows. PV=P1-1+r-nr

Q: Find the present value of an ordinary annuity of $200 payments each made monthly over 5 years and…

A: Given, Principal = P = $ 200 Time period = n = 5 years = 5*12  months = 60 months Rate of interest =…

Q: What is the accumulated value of periodic deposits of $3,500 made into an investment fund at the…

A: Given: $3,500 made into an investment fund at the beginning of every quarter, for 7 years, if the…

Q: Find the present value of an annuity with periodic payments of $500 semiannually, for a period of…

A:

Q: Find the future value of the annuity due. Payments of $400 per quarter for 6 years at 5% compounded…

A:

Q: Find the present value of an annuity of $5000 paid at the end of each 6-month period for 2 years if…

A: Given :-  An annuity of $5000 paid at the end of each 6-month period for 2 years if the rate of…

Q: An employee is entitled to a 10 yearly grant of 25,000 pesos each starting at the end of the…

A: In  the question it is given that an employee is entitled a 10 yearly grant of 25,000 pesos starting…

Q: What is the accumulated value of periodic deposits of $4,500 made into an investment fund at the…

A:

Q: A loan, amortized over 20 years, is repaid by making payments of $1,500 at the end of every month.…

A:

Q: Find the future value of an ordinary annuity of $1,100 paid at the end of each year for 4 years, if…

A: GivenPresent value PV=$11,00Interest rate r=4%=0.04Time t=4 years

Q: Find the present value of an ordinary annuity with deposits of $6,258 each year for 8 years at 9.6%…

A:

Q: What is the present value of an annuity that consists of 30 monthly payments of $300 at an interest…

A:

Q: Find the present value of an ordinary annuity deposits of $19,046 quarterly for 9 years at 5.6%…

A:

Q: Find the present value of an ordinary annuity with deposits of $23,591 every 6 months for 8 years at…

A: Given that, the value of R=$23,591, deposited every 6 months, interest rate is 10.0% time is 8 years…

Q: Find the present value of the given future payment at the specified interest rate. ​$490 due in five…

A: the present value = P Ammout after t = 5 years,  A = $490 r = 5    1/4  = 21/4%  quarterly

Q: Find the present value

A:

Q: What is the present value of an annuity that consists of 20 semiannual payments of $1000 at an…

A:

Q: Find the present value of an annuity of $9000 paid at the end of each 6-month period for 2 years if…

A: Given that

Q: 1. Find the present value of a perpetuity of P20,000 payable semi-monthly if money is worth 8%…

A: Perpetuity is a type of annuity that has no end.  According to question the data are as follow:-…

Q: B. Find the present value of an ordinary annuity with regular quarterly payments worth P1,000 at 3%…

A: The solution of this question is given below:

Q: Find the interest rate needed for the sinking fund to reach the required amount. Assume that the…

A: Sinking fund is the amount earning compounded with the period we deposit the amount. FV=PMT(1+i)ni…

Q: A $180,000 mortgage was amortized over 25 years by monthly repayments. The interest rate on the…

A:

Q: 19.) What is the maturity value of $12,000 loan for 18 months at 7.2% compounded quarterly? How much…

A:

Q: Find the periodic withdrawal for an annuity containing $275,000 at 6%, paid out monthly for 30…

A: From the given information, it is observed that PV = $275,000, r = 6%, that is, r = 0.06, t = 30. As…

Q: How much must be invested in an annuity that will earn 5.9% (compounded quarterly) where a payment…

A:

Q: Determine the present value of P 6,800 paid at the end of each subsequent quarter for 7 years if…

A: Given information PMT=$6,800 Rate of interest r=6% ⇒r=6100=0.06 Time t=7 years Since, interest is…

Q: Find the future value of an ordinary annuity of $1,100 paid at the end of each year for 2 years, if…

A: The formula to calculate the future value is given below: Future value=C×1+in-1i where, C is the…