Ferryland Inc. is leased in perpetuity at $ 11250 due at the beginning of each month. If the money is worth 11.5% compounded monthly, what is the value of the lease? a) $1,120,741.32 b) $1,185,163.04 c) $1,132,412.02 d) $1,175,235.33

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: Find the present value of an ordinary annuity with deposits of $6,507 quarterly for 6 years at 4.4%…

A:

Q: A payment of $25,000 is due today. What three equal payments, one in 2 years, one in 4 years, and…

A:

Q: Find the amount of an annuity that consists of 16 quarterly payments of $300 each into an account…

A:

Q: A loan, amortized over 25 years, is repaid by making payments of $1,800 at the end of every month.…

A:

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

A: Given: Annual payment = R = $1000 Interest rate = i = 6% = 0.06 Number of annual payment = n =10

Q: A loan of $302,000 at 4.92% compounded quarterly was to be settled with month-end payments of…

A: We will apply the compound interest formula to solve the question

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: Use a calculator to evaluate an ordinary annuity formula nt 1 + A = m 1 for m, r, and t…

A: Solution:

Q: Find the amount of an annuity that consists of 40 annual payments of $2000 each into an account that…

A:

Q: Find the amount of an ordinary annuity of 20 semi-annual payments of P1, 000 if interest rate is 12%…

A: The number of semi annual payments is 20. Each semi annual payment amounts P 1000. Annual interest…

Q: Find the present value of the ordinary annuity. Payments are $57 made quarterly for 10 years at 8%…

A: Find the present value of the ordinary annuity.

Q: A loan, amortized over 5 years, is repaid by making payments of $1,900 at the end of every month. If…

A:

Q: Find the present value of an ordinary annuity with deposits of $10,910 quarterly for 9 years at 6.8%…

A:

Q: A loan, amortized over 10 years, is repaid by making payments of $1,000 at the end of every month.…

A:

Q: A loan, amortized over 7 years, is repaid by making payments of $1,600 at the end of every month. If…

A: Complete solution is below

Q: Mustafa purchases an annuity due paying 5% quarterly. If his payment is $9651, how much will its…

A: Thanks for the question :)And your upvote will be really appreciable ;)

Q: ind the present value of a annuity of P4,500.00 every 2 months for 7 years that is deffered 3 years…

A: Given problem is : Find the present value of a annuity of P4,500.00 every 2 months for 7 years that…

Q: The. Peceived a loan of $33,500.00 at 3.50% compounded quarterly to urchase machinery for its…

A: Given query is to find the time period of the loan.

Q: A loan, amortized over 10 years, is repaid by making payments of $1,000 at the end of every month.…

A:

Q: Mustafa purchases an annuity due paying 5% quarterly. If his payment is $9651, how much will its…

A:

Q: Find the present value of an ordinary annuity with deposits of $15,590 every 6 months for 3 years at…

A:

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: Find the present value of an ordinary annuity with payments of $5440 quarterly for 5 years at 9.2%…

A: We want to find the present value of an ordinary annuity with payments of $5440 quarterly for 5…

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

A: Given- Twenty annual payments of $5000 each, with the first payment one year from now, are to be…

Q: Find the present value (in dollars) of an annuity that pays $4,000 at the end of each 6-month period…

A: See solution below. Here we used some basic formula

Q: If you take out a $99,000 30-year mortgage at 7.1% compounded monthly: a. What is your Monthly…

A: We are interesting in finding the monthly payment for a  $99,000 mortgage at 7.1 % for 30-year . Use…

Q: Calculate the present value of the annuity. (Round your answer to the nearest cent.) $11,000…

A:

Q: What is the present value of perpetuity payment of $802 made at the beginning of each month if the…

A:

Q: balance on the loan at the end of year 4?

A: We have to find out the balance on the loan at the end of year 4. Loan amount is $495,000 and the…

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 accumulated amount of $2,500,000 due in 15 years at the interest rate of 4% per year…

A: The formula for the final amount is given by A=P1+rnnt where A is the final amount, P is the…

Q: Find the simple interest on a $4,520 principal, deposited for 6 years at a rate of 2.25%. Round to…

A:

Q: A payment of $2,170 was due three years ago, and a payment of $1,850 is due today. What single…

A:

Q: Find the present value of an ordinary annuity with payments of $14,093 semiannually for 4 years at…

A:

Q: is a remuneration charged on the entire principal for the entire length of the loan. O a. Effective…

A: Thanks for the question :)And your upvote will be really appreciable ;)

Q: present

A: Please refer to the image below

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: Find the present value of an annuity that pays $3,000 at the end of each 6-month period for 6 years…

A: Solution of the problem as follows

Q: How much must be deposited today into the following account in order to have $30,000 in 8 years for…

A:

Q: Use a calculator to evaluate the present value of an annuity formula for the values of the variables…

A:

Q: An ordinary annuity payable quarterly at 13% compounded every quarter for 5 years and 9 months has a…

A:

Q: ind the future value for the annuity due to the given rate payments of $700 for 10 years at 0.29%…

A:

Q: Louie has $825,000 in a retirement annuity that pays 2% compounded quarterly. How much can he…

A:

Q: Find the amount of an annuity that consists of 20 semiannual payments of $500 each into an account…

A:

Q: What is the monthly payment on a 20 year $577,000 mortgage with an interest rate of 6% compounded…

A:

Equations and Inequations

Equations and inequalities describe the relationship between two mathematical expressions.

Linear Functions

A linear function can just be a constant, or it can be the constant multiplied with the variable like x or y. If the variables are of the form, x2, x1/2 or y2 it is not linear. The exponent over the variables should always be 1.