Find the present value of the ordinary annuity. (Round your answer to the nearest cent.) Amount of Deposit Frequency Rate Time $400 quarterly 10% 25 yr
Q: Find the value of annuity at the end of indicated number if years Amount of deposit m= $100…
A: To calculate the future value of annuity we will use the below formula Future value =…
Q: Find the present value of the ordinary annuity. (Round your answer to the nearest cent.) Amount of…
A: Formula PVA = m*[1-(1+r)-n*t]/r Where PVA - Present value of annuity m - Annual deposit amount i.e.…
Q: Find the value of the annuity at the end of the indicated number of years. Assume that the interest…
A: Present Value of annuity refers to the present value of all the future payments of and series of…
Q: Find the present value of the ordinary annuity. (Round your answer to the nearest cent.) Amount of…
A: It means the value of the total cost of an annuity at present time. It means if it would be paid…
Q: Find the future value (FV) of the annuity due
A: Future value is the value of a asset at a future date based on a certain rate of growth. FV =…
Q: Find the present value and the amount of Future value of the general annuity. Payment term Interest…
A: As you have asked question with multiple parts , we will solve the first 3 parts as per the policy…
Q: 1.Calculate the nominal and effective rates of interest for the following ordinary annuity. Round to…
A: Future Value: The future value is the amount that will be received at the end of a certain period.…
Q: Find the value of the annuity at the end of the indicated number of years. Assume that the interest…
A: Amount of deposit(m): $800 Frequency(n): annually Rate(r): 1% Time(t): 30 years
Q: Find the term of the ordinary annuity in years and months (from 0 to 11 months). Present Value…
A: Present value of annuity = $20000 Quarterly rent (Q) = $900 r = 4.7% per annum = 1.175% per quarter…
Q: Suppose the interest rate is 8.7% APR with monthly compunding. What is the present value of an…
A: The PV method is used to find out the cost of an investment by using the concept of the time value…
Q: What is the amount of an annuity that consists of 100 monthly payments of $250 into an account that…
A: Given: Periodic payment (P) =$250 Rate of interest per month = 5% annually Rate of interest monthly…
Q: Find the future value for the ordinary annuity with the given payment and interest rate. PMT =…
A: PMT = $2000 r = 1.1% per annum = 0.09167% per month n = 6 years = 72 months
Q: Find the present value of the ordinary annuity. (Round your answer to the nearest cent.)…
A: Present value of the ordinary annuity can be calculated by annuity amount multiply with Present…
Q: value of the given annu
A: The future value of the annuity can be calculated as follows :
Q: Find the future value of an ordinary annuity of $6,000 paid quarterly for 2 years, if the interest…
A: A theory that helps to compute the present or future value of the cash flows is term as the TVM…
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: Find the present value of the ordinary annuity. (Round your answer to the nearest cent.) Amount of…
A: Annual deposit (m) = $ 500 Period (t) = 20 Years Number of annual payments (n) = 20*1 = 20 Interest…
Q: Find the value of the annuity at the end of the indicated number of years. Assume that the interest…
A: Ordinary annuity are the payments which are made at the end of the period.
Q: Use Table 12-1 to calculate the future value (in $) of the ordinary annuity. (Round your answer to…
A: Annuity payment (P) = $ 6500 Payment = Semi annual Period = 5 Years Semi annual periods (n) = 5*2 =…
Q: Find the future value of a quarterly annuity due of $4,800 for three years at 10% annual interest…
A: When the amount is deposited in the beginning of the period (month/year), it is called as the…
Q: At end of three years, how much is an initial deposit of $100 worth, assuming a compound annual rate…
A: FV is the worth of amount that will be paid or received in future. The formula for the computation…
Q: Find the future value of the ordinary annuity. (Round your answer to the nearest cent.)$130 monthly…
A: RATE (5.25%/12) 0.4375% YEARS /PERIOD (2*12) 24 PMT (MONTHLY PAYMENT) 130 PRESENT VALUE $0
Q: if P20,879 is deposited each year for 8 years at an interest rate of 10.257% compounded bi-monthly,…
A: The concept of the time value of money states that the same amount of money is worth more today than…
Q: Find the future value for the ordinary annuity with the given payment and interest rate.…
A: The calculation of the future value of the ordinary annuity using the FV function of excel is as…
Q: Find the value of the annuity at the end of the indicated number of years. Assume that the interest…
A: An annuity is a stream of constant payments or receipts occurring at regular interval of time. There…
Q: Use Table 12-1 to calculate the future value (in $) of the annuity due. (Round your answer to the…
A: Annuity payment (P) = $ 40 Period = 1 1/2 = 1.50 Years Monthly periods (n) = 1.50*12 = 18 Annual…
Q: Find the future value for the ordinary annuity with the given payment and interest rate. PMT = $700;…
A: Annuity means a set of finite number of payments which are made in equal time intervals and same in…
Q: Find the present value of the ordinary annuity. (Round your answer to the nearest cent.) Amount…
A: Annuity refers to series of equal annual payments or deposit made.
Q: Find the future value of an annuity due of $600 each quarter for 4 1/2 years at 8%, compounded…
A:
Q: Acme Annuities recently offered an annuity that pays 5.4% compounded monthly. What equal monthly…
A: The monthly payment required to reach the target can be calculated with the help of future value of…
Q: Find the value of the annuity at the end of the indicated number of years. Assume that the interest…
A: A series of fixed payments that are paid or received at an equal time interval is term as the…
Q: If the present value of an ordinary, 6-year annuity is $6400 and interest rates are 2.5 percent,…
A: Given: Present value (PV)= $ 6400 Interest rate (r)= 2.5% Number of years (n) = 6
Q: Find the future value for the ordinary annuity with the given payment and interest rate. PMT = $700;…
A: Future value can be calculated using FV (rate, nper, pmt, [Pv], [type]) Rate The interest rate Nper…
Q: find the value of the annuity. round to the nearest dollar. Periodic deposit 4000 Rate .055 time 40…
A: You have asked for the value of the annuity, without actually specifying whether present value or…
Q: How much interest is included in the future value of an ordinary simple annuity of $1,700 paid every…
A: Semiannual payment (S) = $1700 n = 5.5 years = 11 payments r = 12% per annum = 6% semiannually
Q: Find the present value of the ordinary annuity. (Round your answer to the nearest cent.) Frequency…
A: Given information: Annual deposit is $500 Interest rate is 6% Number of years is 20
Q: Find the future value (FV) of the annuity due. (Round your answer to the nearest cent.)$185 monthly…
A: RATE (7%/12) 0.5833333% YEARS (12*12) 144 PMT (MONTHLY PAYMENT) 185 PRESENT VALUE $0
Q: Find the future value of the given annuity. (Round your answer to the nearest cent.) Ordinary…
A: Given , Monthly payment is $ 165 Interest 718% Number of…
Q: Find the value of the annuity at the end of the indicated number of years. Assume that the interest…
A: Monthly deposit = $250 Rate of interest = 4% /2 = 2% Time period = 30 years*2 = 60
Q: Determine the value of an ordinary annuity if $290 is deposited each month into an account earning…
A: In order to find the future value of an annuity, one can use excel and use FV function to determine…
Q: Find the value of the annuity at the end of the indicated number of years. Assume that the interest…
A: For calculating the future value of annuity, following formula shall be used: = Amount of deposit *…
Q: Find the value of the annuity at the end of the indicated number of years. Assume that the interest…
A: P= Periodic Investment P =$250 R =22 = 1% R = Interest per each year n =Number of Periods n =…
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: a.use the appropriate formular to find the value of the annuity. b.find the interest. PERIODIC…
A: Annuity: The fixed amount paid or received in equal time periods is referred to as annuity. Compound…
Q: Find the future value of an ordinary annuity of $2,000 paid quarterly for 2 years, if the interest…
A: A theory that helps to compute the present or future value of the cash flows is term as the TVM…
Q: Compute the nominal annual rate of interest for the simple annuity due. Future value: - Present…
A: Calculation of Nominal Annual Rate of Interest:The Nominal Annual Rate of Interest can be calculated…
Q: Use Table 12-2 to calculate the present value (in $) of the annuity due. (Round your answer to the…
A: The present value is the present worth of the annuity amount that has to paid or received in the…
Q: Find the present value of the ordinary annuity. (Round your answer to the nearest cent.) Amount…
A: The present value of annuity computes the present value of a series of future periodic payments. We…
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: Find the payment made by the ordinary annuity with the given present value. $91,119; monthly…
A:
Trending now
This is a popular solution!
Step by step
Solved in 2 steps with 1 images
- Find the present value of the ordinary annuity. (Round your answer to the nearest cent.) Amount of Deposit m Frequency n Rate r Time t $100 quarterly 8% 30 yr $Find the present value of the ordinary annuity. (Round your answer to the nearest cent.) Amount of Deposit m Frequency n Rate r Time t $1100 annually 6% 17 yrUse a calculator to evaluate an ordinary annuity formula A = m 1 + r n nt − 1 r n for m, r, and t (respectively). Assume monthly payments. (Round your answer to the nearest cent.) $100; 5%; 12 yr A = $
- Use a calculator to evaluate an ordinary annuity formula for m, r, and t (respectively). Assume monthly payments. (Round your answer to the nearest cent.) $20; 4%; 30 yr A = $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?Use a calculator to evaluate an ordinary annuity formula. For m, r, and t (respectively). Assume monthly payments. (Round your answer to the nearest cent). $100; 4%; 12 years.
- Find the value of the annuity and the interest. Round to the nearest dollar. A=P(1+r)t−1r A=P1+rnnt−1rn P=Arn1+rnnt−1 Periodic Deposit: $10,000 at the end of every three months Rate: 5.25% compounded quarterly Time: 12 nyearsIf you deposit $3,500 monthly into a savings account which earns 4.25% interest rate compounded annually, how much will you have after 10 years of saving?a. $598500b. S510141 c. S636810 d. S522225 e. S42512find the value of the annuity. round to the nearest dollar. Periodic deposit 4000 Rate .055 time 40 years
- 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 formulai need answer typing clear urjent no chatgpt if the future value of an ordinary eight year annuity is $5500 in interest rates are 8.0% what is the future value of the same annuity due? (round your answer to 2 decimal places)For each of the following situations involving annuities, solve for the unknown (?). Assume that interest is compounded annually and that all annuity amounts are received at the end of each period. (i = interest rate, and n = number of years) Present Value Annuity Amount i n1. ? $ 3,000 8% 52. $ 242,980 75,000 ? 43. 161,214 20,000 9 ?4. 500,000 80,518 ? 85. 250,000 ? 10 4 Sandy Kupchack just graduated from State University with a bachelor’s degree in history. During her four years at the university, Sandy accumulated $12,000 in student loans. She asks for your help in determining the…
