Find the future value of the following ordinary annuity. Periodic Payment Payment Interval Term Interest Rate Conversion Period $1675 1 year 13 years 8% quarterly
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A: Formula for calculating the annuity payment required: Annuity = Future Value / future value annuity…
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A: Annual payment (A) = $1450 n = 14 years Interest rate = 2% semiannual conversion
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A: Information Provided: Monthly deposits = $400 Term = 10 years Interest rate = 3%
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 = periodic deposit*Present value of annuity due factor(r, n) Present…
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: Annuity Payment Payment Frequency Time Period (years) Nominal Rate (%) Interest Compounded Future…
A: FV of the annuity is the total of all periodic payments which will be receive in the future.
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A: An annuity is a constant stream of cash flows. In this case the cash flow amount is $72.50 in each…
Q: Find the future value of the following ordinary simple annuity. Periodic Payment $377.00 Payment…
A: Quarterly payment (Q) = $377 Duration (n) = 7.25 years = 29 quarterly payments r = 11% per annum =…
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 future value of the following annuity due. Then determine how much of this value is from…
A: Annuity refers to series of annual payment which is paid or received at start or ending of specific…
Q: Find the future value and total interest of the annuity. Periodic Annual interest Annuity type…
A: We know that, FVA Ordinary = P×1+in-1i =$2400×1+10%44×5-110%4=$61,307.1782=$61,307.18
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…
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Q: ind the amount accumulated FV in the given annuity account. (Assume end-of-period deposits and…
A: Using excel FV function
Q: Find the amount accumulated FV in the given annuity account. (Assume end-of-period deposits and…
A: FV of annuity = P * [ (1+r)^n - 1 ] /r Where, P = Periodic payment i.e. $1700 n = no. of…
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A: Monthly payment (M) = $764 n = 8.25 years = 99 monthly payments r = 5% per annum = 0.41667% per…
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A: in this we have to find future value FACTOR and find future value of deposit.
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A: Future Value: The worth of the current asset at a future date in which computation is based on the…
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A: Required: Compute the annual interest rate in each case.
Q: Given the following information, calculate the rate of return. price = $501.88 time to maturity =…
A: price = $501.88time to maturity = 10 yearsannual payment = $100type = ordinary annuity
Q: t accumulated FV in the given annuity account. (Assume end-of-period deposits and compounding at the…
A: Hi There, Thanks for posting the questions. As per our Q&A guidelines, must be answered only one…
Q: Find the term of the following ordinary general annuity. State your answer in years and months (from…
A: The time period or the number of years (NPER) refers to the time it would require for the investment…
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…
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A: In this we have to find out the present value of annuity.
Q: Find the value of the annuity at the end of the indicated number of years. Assume that the interest…
A: Given: M=$200n= semiannually r=8%t =25 yearsn =2
Q: Find the present value of the following ordinary deferred annuity. Periodic Made Payment Period…
A: The problem relates to the time value of money wherein we should compute first the annual effective…
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: Find the future value of the following ordinary simple annuity. Periodic Payment $791.00 Payment…
A: Quarterly payment (P) = $791 Period = 3.25 Years Quarterly periods (n) = 3.25*4 = 13 Interest rate =…
Q: Use the ordinary annuity formula shown to the right to determine the accumulated amount in the…
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Q: Find the value of the annuity at the end of the indicated number of years. Assume that the interest…
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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: Find the future value of the following ordinary annuity. Paym R=$500, 7% interest compounded…
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Q: Find the future value of the following ordinary annuity. Periodic Payment Interest Rate Payment…
A: The value of current payment or upcoming flow of payments at any future date when flow of payment…
Q: a. Use the appropriate formula to find the value of the annuity. b. Find the interest. Time 20 years…
A: Deposit = 1000 End of each year Time Period = 20 years Interest Rate = 3%
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A: To calculate the future value of annuity we will use the below formula Future value =…
Q: FUTURE VALUE OF AN ANNUITY Find the future values of these ordinary annuities.
A: Formulas: To calculate FV of ordinary annuity: FV = PMT(1+r/n)^t*n - 1 r/n…
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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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Periodic Payment
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Payment Interval
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Term
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Interest Rate
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Conversion Period
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$1675
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1 year
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13
years |
8%
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quarterly
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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?Define the stated (quoted) or nominal rate INOM as well as the periodic rate IPER. Will the future value be larger or smaller if we compound an initial amount more often than annually—for example, every 6 months, or semiannually—holding the stated interest rate constant? Why? What is the future value of $100 after 5 years under 12% annual compounding? Semiannual compounding? Quarterly compounding? Monthly compounding? Daily compounding? What is the effective annual rate (EAR or EFF%)? What is the EFF% for a nominal rate of 12%, compounded semiannually? Compounded quarterly? Compounded monthly? Compounded daily?Complete 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 ?
- Find the present value of the following ordinary annuity. Periodic Payment Payment Interval Term Interest Rate Conversion Period $2900 1 year 6 years 7% quarterlyFind the value of the ordinary annuity at the end of the indicated time period. The payment R, frequency of deposits m (which is the same as frequency compounding) annual interest rate r, and time t amount $800 monthly interest rate 5.5%6years what is the future value of the given annuEstimating the annual interest rate with an ordinary annuity. Fill in the missing annual interest rates in the following table for an ordinary annuity stream. Number of Payments or Years Annual Interest Rate Future Value Annuity Present Value 10 ? $0.00 $600.00 $2,386.09 18 ? $13,278.73 $354.57 $0.00 40 ? $0.00 $1,872.79 $40,000.00 60 ? $266,564.09 $500.00 $0.00 Number of Payments or Years Annual Interest Rate Future Value Annuity Present Value 10 nothing% (Round to two decimal places.) $0.00 $600.00 $2,386.09 18 nothing% (Round to two decimal places.) $13,278.73 $354.57 $0.00 40 nothing% (Round to two decimal places.) $0.00 $1,872.79 $40,000.00…
- Give typing answer with explanation and conclusion Determine the periodic payment for the following deferred annuity. The annuity is an ordinary annuity following the period of deferral. Deferral period Payment interval (months) Interest rate (%) Compounding frequency Term (years) Present value ($) 27 months 1 6.4 Quarterly 20 50,000.00Given the following information, calculate the rate of return. price = $501.88time to maturity = 10 yearsannual payment = $100type = ordinary annuityFind 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)?
- . Find the future value of the following ordinary annuity. Periodic Payment - 1775 Payment Interval - 1 month Term -11 years Interest Rate - 8% Conversion Period - semi- annually The future value is $ ______?calculate the present value (in $) of the ordinary annuity. (Round your answer to the nearest cent.) AnnuityPayment PaymentFrequency TimePeriod (years) NominalRate (%) InterestCompounded Present Valueof the Annuity $3,000 every year 20 5 annually $Use Table 12-2 to calculate the present value (in $) of the ordinary annuity. (Round your answer to the nearest cent.) AnnuityPayment PaymentFrequency TimePeriod (years) NominalRate (%) InterestCompounded Present Valueof the Annuity $8,000 every year 20 6 annually $