Find the future value for the ordinary annuity with the given payment and interest rate. PMT = $2,200; 1.35% compounded monthly for 3 years. The future value of the ordinary annuity is $ (Do not round until the final answer. Then round to the nearest cent as needed.)

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A: We will find out the required future value of given ordinary annuity.

Q: Find the future value for the ordinary annuity with the given payment and interest rate. PMT =…

A: Given: P=$2,500R=1.95%=1.95100=0.0195T=8 yearsn=4 To determine: The future value of the ordinary…

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A: Given that  $1500 paid at the end of each year for 10 years, if interest is earned at a rate of 7%,…

Q: Find the future value of the ordinary annuity. Interest is compounded annually unless otherwise…

A: Given: -

Q: Find the future value, using the future value formula and a calculator. (Round your answer to the…

A:

Q: Find the future value of an annuity of $1300 paid at the end of each year for 10 years, if interest…

A: Use the formula: F=P1+in-1iwhere P is the regular payment amount i is the annual interest rate n is…

Q: Find the present value of the given annuity. 341 per month for 48  months at the rate of 3.6…

A: Present value of an annuity is given by the formula: PV=ar1-1(1+r)n where: a : Annuity.r : Interest…

Q: Find the future value for the ordinary annuity with the given payment and interest rate. PMT =…

A:

Q: Find the future value of an ordinary annuity with regular payment of $760 annually compounded at the…

A: Given: Payment(C)=$760 Rate of interest(r)=5.1% Time(n)=28 years.

Q: Find the amount of ordinary annuity based on the information given. R = $12,000, 7% interest…

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Q: Find the present value of the given future amount. $61,000 for 23 months at 9% simple interest What…

A: For Cash Flow at period 1=C1, rate of return = r and number of periods = n, the Present Value…

Q: Find the future value of an annuity due of $8,000 paid at the beginning of each 6-month period for 6…

A: Here we use the formula for future value of annuity due.

Q: Find the future value of an ordinary annuity of $2,000 paid quarterly for 5 years, if the interest…

A: Given,  Principal =p =  $ 2000 paid quarterly  Time period = t = 5 years  Number of compounding in a…

Q: Find the future value of an annuity due of $9,000 paid at the beginning of each 6-month period for 9…

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Q: Find the future value of an annuity due with payments of $310 each year for 7 years at 5%,…

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Q: Find the future value of an annuity due of $8,000 paid at the beginning of each 6-month period for 6…

A: Given that, the due is R=$8000, interest rate is 6% and interest is compounded semi-annually , time…

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

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

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Q: Find the future value of each deposit. 1. $10,000 for 5 years at 4% simple interest 2. $500 for 2…

A: Consider the provided question, (1) Find the future value of deposit $10,000 for 5 years at 4%…

Q: Find the future value for the ordinary annuity with the given payment and interest rate.…

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Q: Find the future value of an ordinary annuity

A: We have to find out the future value FV of an ordinary annuity of $100 per month for 10 years at…

Q: Find the future value for the ordinary annuity with the given payment and interest rate. PMT =…

A:

Q: Find the future value of an annuity due of $2,000 paid at the beginning of each 6-month period for 7…

A: Given, P=$2000Interest rate r=6%=0.06Time t=7 yearsn=2×7=14

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 future value of the ordinary annuity. Interest is compounded annually, unless otherwise…

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Q: Find the future value of an ordinary annuity of $5,000 paid quarterly for 3 years, if the interest…

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Q: Find the future value of an annuity of $1700 paid at the end of each year for 10 years, if interest…

A: To determine the future value of the annuity.

Q: Find the future value of an annuity due with payments of $350 each year for 8 years at 4%,…

A: Use the formula for the future value of an annuity and substitute the given values.

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

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Q: Find the future value of an ordinary annuity of $9,000 paid quarterly for 3 years, if the interest…

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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: Find the future value of an ordinary annuity of $110 paid at the end of each quarter for 2 years, if…

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Q: Find the future value of an annuity due of $300 each quarter for 6.5 years at 9%, compounded…

A: given that $300 deposited each quarter for 6.5 years at 9% compounded quarterly. P=300 T=6.5  n=4…

Q: Find the future value of an ordinary annuity of $8000 paid quarterly for 3 years, if the interest…

A: Given  Paid value (PV) = $8000time period (n)   = 3 yearsintrest rate (i) = 8%=0.08Future value (FV)…

Q: Find the future value of an annuity due of $1500 each month for 3 years if the interest rate is 12%…

A: Given Data: The amount deposited each month is: A=$1500 The time period in years is: t=3 years The…

Q: Find the future value of an annuity of $1600 paid at the end of each year for 10 years, if interest…

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Q: Find the future value for the ordinary annuity with the given payment and interest rate PMT=$750;…

A: Given, Principal = P = 750 $ Rate of interest = R =  1.3% compounded semiannually Time period  = n =…

Q: find the future value at the end of the payment period. payments of 1,000 pesos each are made at the…

A: According to the given information it is required to find the future value at the end of t=3 years…

Q: Find the future value of an ordinary annuity of $600 paid at the end of each year for 4 years, if…

A: This question is related to compound interest where  total amount after a year is =amount +amount×…

Q: Find the future value, using the future value formula and a calculator. (Round your answer to the…

A: Given information Present value = $921 Rate of interest = 5.5% Year = 7% r = quarterly rate