A son will receive 3,000 pesos at the beginning of each 3 months for 4 years. What is the present value in pesos of this annuity on the first payment data if money is worth 6% compounded quarterly

Q: The present value of an annuity is payable annually for 2 years, with the first payment at the end…

A: Annuity is payable for 2 years First payment at end of 10 years = 38,421 Payment at end of 11 years…

Q: Find the future value of an annuity of ₱10,000.00 payable quarterly for 3 years if money is worth…

A: An annuity is a series of cash flow that contains an equivalent period amount for a specific…

Q: What would you pay for an annuity of $2,000 paid every six months for 12 years if you could invest…

A: Details given in the question are : Annuity payment every six months (PMT) = $2000 Time period (n) =…

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A: Annuity is a series of uniform cash flows over a period of time.

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…

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A: Annuity payments are a series of regular payments that an investor makes into an investment account…

Q: What is the present value of a perpetuity of 15,000 pesos payable every end of 3 months if money is…

A: Quarterly payment (P) = P 15,000 Interest rate = 8% Quarterly interest rate (r) = [1+(0.08/12)]3-1…

Q: A relative wills you an annuity paying $1000 per quarter for the next 4 years. If money is worth 12%…

A: An annuity is a financial arrangement that involves a series of fixed payments at equal time…

Q: In a sequence of 10 annual payments of P2,000 each, the first one is due at the end of 6 years. Find…

A: Calculation of Present Value of Annuity   Year end  Payment  Present value factor at 6%  Present…

Q: An engineer is entitled to receive P25,000 at the beginning of each year for 18 years. If the rate…

A: Given,  Payment is P25, 000 Rate 4% Number of years 18.

Q: Suppose ₱2500 is deposited at the end of each year for the next 5 years in an account paying 7.5%…

A: Annual deposit (P) = P 2500 Annual interest rate (r) = 7.5% Number of annual payments (n) = 5

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: A payment of $500 is made at the end of each month for three years to a savings account. The…

A: Present value method is used to evaluate the different level of investment projects. With the help…

Q: A son will receive 3000 pesos at the beginning of each 3 months for 4 years. What is the sum of this…

A: The given problem relates to concept of annuity. An annuity is a series of uniform cash flows over a…

Q: if the money is worth 6% compounded semi-annually, find the present value and the amount of annuity…

A: Annuity refers to series of equalized payments that either made at start or end of specific interval…

Q: To save for​ retirement, a student invests ​$50 each month in an ordinary annuity with 6% interest…

A: Monthly Investment(PMT) is $50 Interest rate(i) is 6% Time period is 40 years   To Find: Amount…

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: Find the future value of an annuity of ₱ 10,000.00 payable annually for 3 years if money is worth…

A: Future value  Future value  is the worth of any asset or any sum of money at a future date when such…

Q: A perpetuity pays $100 each year, with the first payment scheduled two years from now. Assume that…

A: Amount of $100 will be paid by a perpetuity and that will be started from year 2 (two year from…

Q: Suppose P1500 is deposited at the end of each year for the next 6 years in an account paying 8%…

A: Formula:  Periodic Deposit at the end of the Year,…

Q: Find the amount and the present value of an annuity of P5,000 every end of 6 months for 12 years and…

A: Answer: Calculation of the amount and the present value of an annuity: Formula, we will use here,…

Q: You expect to receive P1,000 at the end of each of the next 3 years. You will deposit these payments…

A: Future value: It can be defined as the value of an investment or any asset at a specified future…

Q: Find the amount of an ordinary annuity of Php 980 every six months payable for 5 years and 4 months…

A: Hi There, Thanks for posting the questions. As per our Q&A guidelines, must be answered only one…

Q: Assume that you make quarterly payments of $650 into an annuity paying 8% interest compounded…

A: In this question we need to calculate the future value from following details: Quarterly payment =…

Q: Determine the present value and total amount of an annuity with 6 payments of P120,000 each made at…

A: The interest is compounded quarterly at rate of 3.75%.

Q: Find the present value of a deferred annuity of P4,800 every six months for 7 years, if the first…

A: Six months payment =4800 Period =7 years =14 semiannual  interest rate =5.5% semiannual interest…

Q: Leanne Simon made ordinary annuity payments of $100.00 per month for 15 years earning 4.5%…

A: The future value of the regular payment made at the end of every period is called the future value…

Q: Find the present value of an ordinary annuity of 2,000 pesos payable annually for 9 years if the…

A: PMT = 2,000 pesos NPER = 9 x 4  RATE = 5%/4 Formula used:

Q: find the present value and the amount of an annuity of $25 payable monthly for 10 years if money…

A: Present value is defined as the current value of the sum of the funds (future) or the cash flows…

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: Calculate the present value of a P20,000 annuity paying yearly for eight years, with the first…

A: Annual payment (A) = P 20000 n = 8 years r = 5%

Q: What is the present worth of a perpetual annuity of $2,000 each payable at the end of each year?…

A: Perpetual Annuity is $2,000 Interest Rate (r) is 10% Compounding Period (m) is Quarterly i.e. 4…

Q: A student will receive 3,000 at the beginning of each months for 4 years. What is the sum of this…

A: Annuities are referred to as the contracts that are issued as well as distributed by the financial…

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. Find the present value of a deferred annuity of P30000 every three months for 3 years that is…

A: Present Value(PV) refers to value of sum at current date which would be received or paid in future…

Q: Find the present value and the amount of an annuity of $25 payable monthly for 10 years if money is…

A: Present Value: The worth of the stream of cash flows today which would be paid in the future using…

Q: If money is worth 6% compounded semi- annually, find the present value and the amount of an annuity…

A: The payment which is made at the end of 6 months is known as semi-annual payment. By multiplying…

Q: An engineer is entitled to receive 25,000 at the beginning of each year for 5 points 18 years. If…

A: Present Value can be calculated using PV function in excel   PV (rate, nper, pmt, [Fv], [type])…

Q: Assume that you make monthly payments of $ 675 into an ordinary annuity paying 6% compounded…

A: The amount after 12 years can be calculated as future value of annuity

Q: In a sequence of 10 annual payments of 2,000 pesos each, the first one is due at the end of 6 years.…

A: An annuity is a series of regular and equal cash flows. The present value is the discounted value of…

Q: If money is worth 8% compounded quarterly, calculate the present value of an annuity of Php 1,000…

A: Quarterly payment (Q) = Php 1000 Interest rate (r) = 8% per annum = 2% per quarter Duration (n) = 50…

Q: Me. Cruz plans to deposit for the education of his 5 years old son, 500 at the end of each month for…

A:

Q: Jami Minard wants to receive an annuity of $5,000 at the beginning of each year for the next 10…

A: Using the present value function in excel

Q: A relative wills you an annuity paying $ 1900 per quarter for the next 6 years. If money is worth…

A: Annuity amount= $1900 per quarter Time period (n)= 6 years Interest rate (r)= 10% compounded…

Q: A perpetuity pays $ 100 each year , with the first payment scheduled two years from now . Assume…

A: The question can be solved as follows:

Q: Mr. Lucy can invest $150 per month in an annuity for 2 years. What interest rate must she invest at…

A: FV= $5,000 Annuity amount= $150 per month= $1,800 per annum n= 2 years r= ?

Q: A student will receive 3,000 pesos at the beginning of each 3 months for 4 years. What is the…

A: Amount received each 3 months for 4 year                   3,000 Pesos Period (4 years * 4)…

Q: To save for retirement, a student invests $80 each month in an ordinary annuity with 9% interest…

A: Excel Spreadsheet:

Q: You expect to receive P1,000 at the END of each of the next 3 years. You will deposit these payments…

A: Following is the computation of Future value at the end of the third year

Q: A student will receive P3,000 at the beginning of each 3 months for 4 years. What is the sum of this…

A: Future of Annuity Due = Annuity * [ { ( 1 + Quarterly rate )Number of quarters - 1 } / Quarterly…