find the value of the annuity. round to the nearest dollar. Periodic deposit 4000 Rate .055 time 40 years

Q: Recently, More Money 4U offered an annuity that pays 5.1% compounded monthly. If $827 is deposited…

A: Calculate the future value as follows:MS-Excel --> Formulas --> Financials --> FV

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 how much needed to deposit now at 9% interest compounded annually to yield a annuity payment of…

A: The present value of annuity due refers to the current value of a series of future payments. The…

Q: Find the periodic payments PMT necessary to accumulate the given amount in an annuity account.…

A: The PMT function or concept can be used to determine the periodic payments required to accumulate a…

Q: A) Use the appropriate formula to find the value of the annuity. B) Find the interest. Periodic…

A: Part (a)If an annuity A is paid at the end of period over N periods and bears a discount (interest)…

Q: Find the periodic payments PMT necessary to accumulate the given amount in an annuity account.…

A: Since you have asked multiple questions, we will solve the first question for you. If you want any…

Q: If you deposit $100 in a savings account at the end of each month for 2 years, the balance will be a…

A: Ordinary Annuity means a series of equal payments that are made over a fixed length of time at the…

Q: Find the periodic payments PMT necessary to accumulate the given amount in an annuity account.…

A: An Annuity is a continuous flow of systematic timely cash flows made or received for a stipulated…

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 value of the annuity at the end of the indicated number of years. Assume that the interest…

A: Future value of annuity =P * [ (1+r)^n  - 1 ] /r  Where, P = $100 n = 8*12 i.e. 96 r = 5%/12 i.e.…

Q: Find the future and present value of a 5 year GHC 1,000.00 annuity if the rate of interest is 12%…

A: FV of Ordinary Annuity= PMT[(1+i)n-1/i] = 1000[(1+0.12)5-1/ 0.12] = 1000[1.7623-1/0.12] =…

Q: value of the given annu

A: The future value of the annuity can be calculated as follows :

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 periodic payments PMT necessary to accumulate the given amount in an annuity account.…

A: An Annuity is a continuous flow of systematic timely cash flows made or received for a stipulated…

Q: Find the present value of the ordinary annuity. (Round your answer to the nearest cent.) Amount of…

A: We use Pv function to calculate present value of annuity

Q: Find the amount of an annuity that consists of twenty-five annual payments of $800 each into an…

A: Annuity refers to the periodic payments that a financial contract or deposit promises to pay on a…

Q: Find the future value of annuity due with a $150 monthly payment at 6 1⁄4 % interest after thirteen…

A: An annuity is a stream of cash flows that are regularly paid to an individual at regular intervals…

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: Find out how much you should deposit now at 9% interest, compounded annually, to yield an annuity…

A: Present value = ( a / r) * { 1 - 1 / (1 + r ) ^ n }

Q: Recently, More Money 4U offered an annuity that pays 6.3% compounded monthly. If $1,335 is deposited…

A: Amount accumulated in an account is computed as the Future value of an annuity. Interest earned is…

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: Your bank pays 9% interest, compounded annually. Use the appropriate formula to find out how much…

A: The present value of the annuity is the current worth of a cash flow series at a certain rate of…

Q: Find the value of the annuity at the end of the indicated number of years. Assume that the interest…

A: A concept that implies the future worth of the money is lower than its current value due to several…

Q: Find the future value of the given annuity. (Round your answer to the nearest cent.) annuity due,…

A: The future value (FV) of the annuity is defined as the one value of future recurring payments at a…

Q: Find the periodic payments PMT necessary to accumulate the given amount in an annuity account.…

A: A study that proves that the 1value of money today is higher than the future value of money is term…

Q: to determine the accumulated amount in the annuity. Periodic Deposit Rate Time $4000 at the end of…

A: We need to use future value of ordinary annuity formula to solve this problem A =P1+rnnt -1rn Where…

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: 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 annual payment which are paid or received at start or end of specific…

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: Prepare a time diagram for the present value of a four-year ordinary annuity of $200. Assume an…

A:

Q: this annuity every month, how much is in the account after 8 years? How much of this is interest?…

A: Future Value of Annuity: It refers to the future worth of the annuity cash flows made at the end of…

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 future value (FV) of the annuity due. (Round your answer to the nearest cent.)$165 monthly…

A: RATE (6.75%/12) 0.56250% PERIOD  (14*12) 168 PMT (MONTHLY PAYMENT) 165 PRESENT VALUE $0

Q: Find the present value of an annuity with periodic payments of $2,000, for a period of 10 years at…

A: Periodic payment (P) = $ 2000 Period = 10 Years Number of semiannual periodic payments (n) = 10*2 =…

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: Recently, More Money 4U offered an annuity that pays 5.4 % compounded monthly. If $1,634 is…

A: Computation of future value and interest earned:

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 the following ordinary annuity. Paym R=$500, 7% interest compounded…

A: Ordinary annuity is annuity which are made at the end of period and future value of annuity includes…

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%

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: The periodic payment needed is $

A: Given: Future value= $2.2 million Rate= 9.55% Compounded weekly Time= 32 years

Q: Find the present value of an annuity with payments of $2,000 at the end of every six months for 8…

A: The given problem can be solved using PV function in excel. PV function computes present worth for…