A perpetuity earning 4.00% compounded semi-annually is started with a $159,000.00 investment. How much money could be regularly withdrawn from the investment every 6 months?

Q: Vusa has invested $420000 in an annuity that pays interest at the rate of 3.6% per annum,…

A: Future Value: The future value is the amount that will be received at the end of a certain period.…

Q: Two payments of $9,000 and $5,300 are due in 1 year and 2 years, respectively. Calculate the two…

A: Payment due in Year 1 is $9,000 Payment due in year 2 is $5,300 Interest rate is 9% Compounded…

Q: Php 25 000 is deposited every 3 months for 3.5 years at 10% compounded monthly, what is the future…

A: Quarterly deposit (D) = Php 25000 Interest rate = 10% Quarterly interest rate (r) = [1+(0.10/12)]3-1…

Q: Find the present value of a deferred annuity of P 4,800 every six months for 7 years, if the first…

A: Given Information :  Annuity every six months = P 4,800 Number of years payment made = 7 Annual…

Q: If $82,000 is invested in an annuity that earns 5.8%, compounded quarterly, what payments will it…

A: Present value (PV) of the investment is $82,000, which would earn an interest rate (r) of 5.8%…

Q: Calculate the present value of a loan that could be cleared by payments of $3,300 at the end of…

A: Using excel PV function

Q: The present value of an annuity is 16,950. Quarterly payments of 369 are made from 16,950 that is…

A: Present value of annuity (PV) = 16950 Quarterly payment (C) = 369 Annual interest rate = 4%…

Q: Find the amount of an annuity consisting of 16 annual payments of $1000 each into an account that…

A: A regular series of fixed payments that are made or received at equal time intervals is term as the…

Q: Calculate the amount of money that needs to be invested today at 7% compounded semi-annually to…

A: The effective interest rate per month is calculated below:

Q: Php 15,000 is deposited every month for 2 years 8 months at 13% compounded monthly, what is the…

A: Annuity refers to the equal amount of payments/deposits made at equal time intervals for a definite…

Q: You borrow $1,000,000 at 3% compounded semi-annually and will pay it off over bi-weekly (every two…

A: Amount borrowed= $1,000,000 Rate= 3% compounded semi-annually Time (n)= Bi weekly over 25 years

Q: A payment of $35,000 is due today. What three equal payments, one in 2 years, one in 4 years, and…

A: Let the equal payments = X The payments are to be made in year 2, 4 and 7. Interest rate = 4.5%…

Q: A company wants to have $40,000 at the beginning of each 6-month period for the next 4.5 years. If…

A: The given problem is on Annuity due Annuity due is an annuity whose  payment is due immediately at…

Q: You have a financial goal of $140,000. The rate is 3% compounded annually. The time is 16 years.…

A: Formula to calculate annual periodic deposit Annuity=FV *r[(1+r)n-1] Where, FV = Future value r =…

Q: A man loans 192,000 and promised to pay for 8 years at an interest rate of 5% compounded annually,…

A: Annual payment can be calculated by using the formula of the present value of annuity.   Present…

Q: Twenty annual payments of $5000 each, wi the first payment one year from now, are to be made from an…

A: The given problem can be solved using PV function in excel. PV function computes present worth/…

Q: You borrow $1,000,000 at 3% compounded semi-annually and will pay it off over bi- weekly (every two…

A: There are two methods to charge interest on the loan taken. One is the simple interest method and…

Q: An accountant wants to withdraw $30,000 from an investment at the beginning of each quarter for the…

A: Time value money is the concept widely used by the management and individual to determine the…

Q: semi-annual payments of P 8,000 each, starting three years from now. What is the present value of…

A: Present Value of Annuity: It represents the present worth of the future stream of cash flows. It is…

Q: An annuity with a cash value of $15,500 earns 7 % compounded semi-annually. End-of-period…

A:

Q: An annuity with a cash value of $14,000 earns 5% compounded semi-annually. End-of-period semi-annual…

A: Cash Value = $14,000 Interest Rate = 5% compounded semi annual

Q: Find the cash value of a sala set that can be bought for 2,500 down payment and 288 a month for 36…

A: Cash value =loan amount +down payment We need to use present value of annuity formula to calculate…

Q: At the end of each quarter-year, for 6 years, $1,200 is deposited into an investment paying 3.4%…

A: At the end of each quarter-year, for 6 years, $1,200 is deposited into an investment paying 3.4%…

Q: An annuity purchased for $195,000 pays $6,000 at the end of every quarter. How long will the…

A: The term "annuity" refers to an insurance contract created and distributed by financial institutions…

Q: Two payments of $14,000 and $3,400 are due in 1 year and 2 years, respectively. Calculate the two…

A: To replace the payments of different periods, we will first compute the NPV of payments to be…

Q: A person wants to make two individual investments, one today and one in six months at a rate of 18%…

A: monthly rate = 18%/12 = 1.5% X * 1.01512 + 5,000,000*1.0156 = 10,000,000 X = 3,791,163.26

Q: Find the future value in five years of an investment of $115,000 made today that earns 7.00 percent…

A: Future value = Investment * [ 1 + ( rate / Frequency ) ]years * frequency Future value for…

Q: $39,000 is deposited for 2 years in an account earning 6% interest. (Round your answers to two…

A: Present value (PV) is $39,000. The semi-annual rate (r) is 3% (6% / 2). The number of compounding…

Q: Calculate the future value of end-of-quarter payments of $5,000 made for 5 years into an investment…

A: The value of current payment or upcoming flow of payments at any future date when flow of payment…

Q: Determine the amount of the payment required at the end of each quarter to repay a six-year loan of…

A: Time Value of Money :— According to this concept, value of money in present day is more than the…

Q: If you contribute $1000.00 into an RRSP every six months for fifteen years and interest on the…

A: GIVEN, pmt =$1000 NPER = 15 X 2 =30 RATE = 8%2=4% PV=0

Q: An annuity with a cash value of ​$12,000 pays ​$880 at the beginning of every three months. The…

A: Annuity refers to series of annual payment which is paid or received at start or ending of specific…

Q: If money is worth 9% compounded quarterly, find the amount of an annuity of P2,000 payable every 3…

A: Quarterly payment (Q) = P 2000 r = 9% per annum = 2.25% per quarter n = 10 years = 40 payments We…

Q: A person buys a piece of lot for P 100,197 down payment and 12 deferred semi-annual payments of P…

A: Down payment (DP) = 100,197 Interest rate = 0.186 Semi annual interest rate (r) = 0.186/2 = 0.093…

Q: it is desired to save $20,000 by depositing $800 every 3 months in an investment that pays 8%…

A: Annuity means a set of finite number of payments which are the same in size and made in equal…

Q: An annuity purchased for $175,000 pays $4,000 at the end of every quarter. How long will the…

A: Compounding refers to the process where the interest is determined on the principal and interest…

Q: 1. Calculate the present value of $8,000 receive five years from today if your investment pay a. 6…

A: Using excel PV function

Q: A payment of $13,735 is due in 1 year, $19,500 is due in 4 years, and $8,900 is due in 7 years. What…

A: Payment due in year 1 (P1) = $13735 P4 = $19500 P7 = $8900 Interest rate = 5.5% monthly compounded

Q: Calculate the present value of a loan that could be cleared by payments of $3,350 at the end of…

A: Present value is the current value of a a sum of money as compared to a future value that includes a…

Q: Calculate the future value of end-of-month payments of $4,000 made for 7 years into an investment…

A: Monthly Payments = $4,000 Time period = 7 years  Interest Rate = 5.50%  Compounding period =…

Q: Calculate the compounded future value of 20 annual payments of $5,000 each into a savings account…

A: Future Value is the value of current investments at a certain future date at the assumed…

Q: $360,000 is invested in a perpetuity at an interest rate of 5.2% per annum. a. Find the monthly…

A: Future value of a present value is the value of that amount after taking into account the time value…

Q: Compound Interest If $12,000 is invested at an interest rate of 10% per year, find the amount of the…

A: A study that proves that the future worth of the money is lower than its current value due to…

Q: Determine the value of an ordinary annuity if $290 is deposited each month into an account earning…

A: In order to find the future value of an annuity, one can use excel and use FV function to determine…

Q: . Annuities Find the 10-year future value of anordinary annuity with a contribution of $300…

A: Introduction: Future value of an annuity can be defined as calculating the value of series of…

Q: (a) at a rate of 3% p.a. effective, for 20 years. Compute the present value of an annuity due that…

A: As per Bartleby Honor Code, when multiple independent questions are asked, the expert is required…

Q: What is the present value of a perpetuity of P15,000 payable every end of 3 months if money is worth…

A: The current value of the future amount after considering the discounting factor is considered as the…

Q: present value of the  investment if the rate of interest is 12% compounded semi-annually?

A: A deferred annuity is a term that is used to refer to the present value of the series of periodic…

Q: What is the future worth of each of the given series of payments?(a) $12,000 at the end of each…

A: a) The question gives the following information:

Q: A man deposits a uniform amount of P 2,500 at the end of each year with interest of 2.50% compounded…

A: A Uniform amount of deposits is a series of payments at equal time intervals such as annually,…

Procedural Coding: CPT and HCPCS

Computer hardware and accessories nowadays support various types of coding for a variety of purposes. Procedural coding is a straightforward process that combines several steps of a calculative sequence to achieve the desired result. It is a type of medical classification that aids in the identification of specific surgical, medical, or diagnostic procedures. It begins as soon as a patient enters the premises of a healthcare provider. These coding systems have significantly aided the process of insurance claims and billing.