Complete this ordinary annuity: (Round your answer to the nearest cent.) Amount of Payment Payment Payable Years Interest Rate Value of Annuity $700 Quarterly 5 8%
Q: Find the periodic payments PMT necessary to accumulate the given amount in an annuity account.…
A: Formula for calculating the annuity payment required: Annuity = Future Value / future value annuity…
Q: The following terms of payment for an annuity are as follows: Periodic payment = P20,000 Payment…
A: Periodic payment = 20,000 Interest Rate = 18%/12 = 1.5% per month N = 15 years i.e. 180 months…
Q: Complete present value of an ordinary annuity: (Round your answer to the nearest cent.) Amount…
A: Present value of annuity (PVA) is the stream of regular interval cashflow discounted at specified…
Q: Annuity Payment Payment Frequency Time Period (years) Nominal Rate (%) Interest Compounded Present…
A: Present Value of annuity refers to the current value of a series of equal cash flows or payments at…
Q: Use the ordinary annuity formula to determine the accumulated amount in the annuity. $500…
A: A study that proves that the future worth of the money is lower than its current value due to…
Q: An annuity makes semi-annual payments for 10 years. The first year the payments are 100 and each…
A: Solution- Step (1) Given that Amount of first payment =100 Numbers of year =10 Number of semi-annual…
Q: An annuity pays tom from time 2 to time 7 years at an annual rate of 2t - 3 at time t . For a 6%…
A: In this we need to calculate the future value of amount using future value formula.
Q: A 10-year annuity-due with quarterly payments has a first payment of 1000. The next five payments…
A: First payment = $ 1000 Next 5 payments = $ 1000 Growth rate in payments after 6 payments = 5.06%…
Q: Complete the ordinary annuity. (Please use the following provided Table.) (Do not round intermediate…
A: Given, A= $12,800 rate = 8% years = 7
Q: Find the term of the following ordinary general annuity. State your answer in years and months (from…
A: The concept of the time value of money states that the current worth of money is more than its value…
Q: ind the amount accumulated FV in the given annuity account.
A: find the amount accumulated FV in the given annuity account. (Assume end-of-period deposits and…
Q: Find the amount accumulated FV in the given annuity account. (Assume end-of-period deposits and…
A: Information Provided: Monthly deposits = $400 Term = 10 years Interest rate = 3%
Q: Use the ordinary annuity formula shown to the right to determine the accumulated amount in the…
A: Future Value of Ordinary Annuity refers to the concept which determines the sum total of all the…
Q: Find the present value of the following ordinary annuity. Periodic Payment Payment Interval Term…
A: Converting 7% compounding quarterly rate to effective rate Effective rate of interest = [(1+…
Q: Find the future value of an annuity due of $650 semiannually for four years at 8% annual interest…
A: An Annuity Due is a stream of regular periodic payments made at a beginning of period for a…
Q: Calculate the future value of the following annuities, assuming each annuity payment is made at the…
A:
Q: Use the ordinary annuity formula shown to the right to determine the accumulated amount in the…
A: Future Value of Ordinary Annuity refers to the concept which determines the sum total of all the…
Q: Calculate the present value of the following annuities, assuming each annuity payment is made at the…
A: An Annuity is a continuous flow of systematic timely cash flows made or received for a stipulated…
Q: Find the term of the following ordinary general annuity. State your answer in years and months (from…
A: Future value of annuity = $18500 Annual payment (A) = $770 Compounding period is quarterly. Hence,…
Q: Use Table 12-2 to calculate the present value (in $) of the annuity due. (Round your answer to the…
A: present value of annuity due formula: PVA=A×1-11+rmm×nrm×1+rmwhere,A=annuityn=yearsm=frequency…
Q: Find the term of the following ordinary general annuity. State your answer in years and months…
A: A theory that helps to compute the present or future value of the cash flows is term as the TVM…
Q: Complete the ordinary annuity. (Please use the following provided Table.) (Do not round intermediate…
A: Semi annual payment amount (P) = 12,700 Period = 9 Years Number of semi annual payments (n) = 9*2 =…
Q: What is the present value of an ordinary annuity with annual payments of $640 at 8% annual interest…
A: Generally interest and cash flows are discounted to present value and they decide whether it is…
Q: Present value (in $) of an annuity due Annuity Payment Payment Frequency Time Period (years)…
A: The Present value of annuity due is calculated using the Present Value of Annuity due formula.
Q: Find the value of the annuity at the end of the indicated number of years. Assume that the interest…
A: In the given question we require to calculate the value of the annuity at the end of the 9 years…
Q: Find the present value of the ordinary annuity. (Round your answer to the nearest cent.) Amount of…
A: Solution: Amount of deposit = $100 Quarterly interest rate = 8% / 4 = 2% Time (In quarters) = 15*4 =…
Q: Find the future value of an ordinary annuity of $5,000 semiannually for seven years at 6% annual…
A: The question gives the following information:
Q: Find the future value of the given annuity (Round your answer to the nearest cent.) Ordinary…
A: The concept of the time value of money states that the current worth of money is more than its value…
Q: Find the periodic withdrawals PMT for the given annuity account. (Assume end-of-period withdrawals…
A: PMT refers to payment per period. It is inflow or outflow occurs after a particular time period.
Q: Complete this annuity due: (Round your answer to the nearest cent.) Amount of Payment Payment…
A: Annuity: An annuity is defined as a series of payments, whether received or made, that are equal and…
Q: An annuity pays 8 at the end of each year for five years, starting at the end of the 12th year.…
A: Annual payment (P) = 8 Number of payments (N) = 5 Interest rate (R) = 7%
Q: Find the value of the annuity at the end of the indicated number of years. Assume that the interest…
A: Annuity refers to series of equalized payments that are paid or received at start or ending of…
Q: Find the present value of an annuity due that pays $3000 at the beginning of each quarter for the…
A: Annuity due: Annuity due makes payments at the beginning of the year. Ordinary annuity: Ordinary…
Q: ind the amount and present value of an annuity due of 125 every quarter for 9 years and 6 months, if…
A: In this we have to find out the present value of annuity.
Q: Ordinary annuity payment. Fill in the missing annuity in the following table for an ordinary annuity…
A: Annuity is the regular payment received from an investment at a given rate of interest.
Q: Amount of Annuity: $26,000 Interest Rate: 12% Period of years: 12 Calculate the present value of…
A: The present value of annuity can be computed with the help of present value of annuity function.
Q: Use the ordinary annuity formula shown to the right to determine the accumulated amount in the…
A: The cumulative sum an investment currently retains, including the money invested and the interest…
Q: Find the present value of a twenty-year temporary life annuity issued to (45) which provides for…
A: Present value of future amount With future value (FV), discount rate (r) and period (n), the present…
Q: Find the value of the annuity at the end of the indicated number of years. Assume that the interest…
A: The concept of the time value of money states that the current worth of money is more than its value…
Q: Ordinary Annuity: James wants to accumulate 124,700 in 7 years. Equal deposits are made at the end…
A: We need to use future value of annuity formula to calculate size of quarterly payment. PMT…
Q: Find the present value of the ordinary annuity. (Round your answer to the nearest cent.) Amount of…
A: Given information, C = Cash flow per period (payment amount) =$400 r= Interest rate =10% or 0.10…
Q: Individual Assessment 1.a: Simple Ordinary Annuity Directions: Calculate the future value of #1, 2,…
A: Future value includes the deposits made and the interest accumulated and present value includes the…
Q: What is the present value of an ordinary annuity with annual payments of $670 at 7% annual interest…
A: Annuity is the periodic payments received or paid at regular intervals. Present value of annuity is…
Q: Find the term of the following ordinary general annuity. State your answer in years and months (from…
A: Present Value of Ordinary Annuity refers to a concept that determines the value of cash flows at…
Q: Calculate the present value of the following annuities, assuming each annuity payment is made at the…
A: Net present value is defined as the discounted cash flow technique which applies to weight the items…
Q: 2-2 to calculate the present value (in $) of the annuity due. (Round your answer to the nearest…
A: Present value of annuity due = Annuity amount * [ 1 + Present value annuity factor (Interest rate…
Q: Find the value of the annuity at the end of the indicated number of years. Assume that the interest…
A: Future value of the annuity The worth of a set of normal payments at a future date, presumptuous at…
Q: Find the present value of the ordinary annuity. (Round your answer to the nearest cent.) Amount of…
A: Amount of Deposit(m) = $400 Frequency of deposit(n) = Quaterly Rate(r) is 14% Time (t) is 25 Years…
Q: Determine how long an ordinary annuity account with regular monthly deposits of D = $310.00 that…
A: Future Value of Ordinary Annuity refers to the concept which determines the sum total of all the…
Q: Find the term of the ordinary annuity in years and months (from 0 to 11 months). Present Value…
A: Given: Present value = $9,500 Payment = $1,000 Payment interval = 6 n = 2 Rate of interest (r) =…
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- Value of an Annuity Using the appropriate tables, solve each of the following. Required: 1. Beginning December 31, 2020, 5 equal withdrawals are to be made. Determine the equal annual withdrawals if 30,000 is invested at 10% interest compounded annually on December 31, 2019. 2. Ten payments of 3,000 are due at annual intervals beginning June 30, 2020. What amount will be accepted in cancellation of this series of payments on June 30, 2019, assuming a discount rate of 14% compounded annually? 3. Ten payments of 2,000 are due at annual intervals beginning December 31, 2019. What amount will be accepted in cancellation of this series of payments on January 1, 2019, assuming a discount rate of 12% compounded annually?Complete the ordinary annuity. (Please use the following provided Table.) (Do not round intermediate calculations. Round your answer to the nearest cent.) amount of payment payment payable years interest rate value of annuity 12,700 semiannual 9 6%Give typing answer with explanation and conclusion Determine the periodic payment for the following deferred annuity. The annuity is an ordinary annuity following the period of deferral. Deferral period Payment interval (months) Interest rate (%) Compounding frequency Term (years) Present value ($) 27 months 1 6.4 Quarterly 20 50,000.00
- Give typing answer with explanation and conclusion to all parts If $387674 is used to purchase an annuity earning 5.5% compounded monthly and paying $3102 at the end of each month, what will be the term of the annuity? Include the final, smaller annuity payment in the total. (Just state total months as a number, not years and months) What is N? What is I/Y? What is C/Y? What is P/Y? What is PV? What is PMT? What is FV?Find the difference between the sums of annuity due and ordinary annuity for the following data Periodic payment = P14,000 Payment interval = 3months Term = 16 years Interest rate = 10% compoundedquarterlyAn annuity pays an amount of $102.00 each period for 11 periods, and the present value is $798.00. What is the discount rate/period of this annuity Explain in detail
- If the present value of an ordinary, 7-year annuity is $6,500 and interest rates are 7.5 percent, what’s the present value of the same annuity due? (Round your answer to 2 decimal places.)Solve by using formulas. (Round your answer to the nearest cent.) Ordinary Annuity AnnuityPayment PaymentFrequency TimePeriod (years) NominalRate (%) InterestCompounded Future Valueof the Annuity (in $) $4,000 every 6 months 9 9.0 semiannually $If the present value of an ordinary, 6-year annuity is $8,800 and interest rates are 9.5 percent, what’s the present value of the same annuity due? (Round your answer to 2 decimal places.) PV = $_______.__
- Find the term of the following ordinary general annuity. State your answer in years and months (from 0 to 11 months). Present Value Periodic Payment Payment Interval Interest Rate Compounding Period $14,500 $2300 six months 3.5% annually The term of the annuity is year(s) and month(s)?An annuity pays an amount of $86.00 each period for 9 periods, and the present value is $666.00. What is the discount rate/period of this annuity kindly use formulaComplete the table below by computing for the unknown component of a general annuity. PMT r t Payment interval Compounding period FV PV 1.P900 6% 6.25 yrs. Monthly quarterly ? 2.P1800 11% 8 yrs. Quarterly monthly ? 3.P500 5% 8 yrs. Monthly annually ?