present value of an annuity is 16,950. Quarterly payments of 369 are made from16,950 that is invested at 4% compounded quarterly. How many regular payments will be made? Specify the number of years using the lower value of n periods 15.63 15.80 15.25

Q: Calculate the future value of an ordinary annuity consisting of annually payments of $1,500 for 6…

A: An ordinary annuity is that annuity in which payments are made at the end of each period.

Q: you have a 12-year annuity paying $496 quarterly in 10 years when interest is 6.65% compounded…

A: Number of annuity payments = Number of years * time period of Payment = Number of years * Quaterly…

Q: What is the present value of a deferred annuity with a deferral period of 17 years at 6.7%…

A: Monthly annuity payment (M) = $1250 Interest rate = 4.78% compounded semiannually n = 10 years = 120…

Q: The following terms of payment for an annuity are as follows: Periodic payment = P20,000 Payment…

A: Periodic payment = 20,000 Interest Rate = 18%/12 = 1.5% per month N = 15 years i.e. 180 months…

Q: An investment of $100,000 today will make advance quarterly payments of $4,000. If the annuity can…

A: We need to use NPER formula in excel to calculate number of periods to depleted annuity.  Formula is…

Q: A 10-year annuity-due with quarterly payments has a first payment of 1000. The next five payments…

A: First payment = $ 1000 Next 5 payments = $ 1000 Growth rate in payments after 6 payments = 5.06%…

Q: Suppose payments were made at the end of each month into an ordinary annuity earning interest at the…

A: Future value of an annuity is $55000 Annual interest rate is 5.5% per year compounded monthly Time…

Q: en a nominal rate of 15% compounded semi-annually for 12 years in an ordinary annuity. Determine the…

A: Given information : Nominal rate = 15% Time period = 12 years

Q: Suppose payments were made at the end of each month into an ordinary annuity earning interest at the…

A: In the given problem, the future value of the annuity is given which is $70,000 Time is 14 years…

Q: The present value of an ordinary annuity is used to compute the amount of a single deposit to be…

A: PV: It is the current worth of cash flows that are expected to happen in the future.

Q: What is the present value of an ordinary annuity of $1,600 per year for 6 years discounted back to…

A: In the given question we require to compute the present value of ordinary annuity. Annuity payment =…

Q: Find i​ (the rate per​ period) and n​ (the number of​ periods) for the following annuity. Quarterly…

A: Solution:- An equal amount deposited every period is known as annuity. Now, in annuity, rate per…

Q: Find the present value of an ordinary annuity with deposits of 23,958 every 6 months for 4 years at…

A: The formula to compute present value:

Q: y-year annuity pays $940 per month at the end of each month. For the first seven years, the nominal…

A: As the compounding increases the interest rate become more effective and more is future value and…

Q: An annuity with a cash value of $9,800 pays $880 at the beginning of every three months. The…

A: a) No. of payment =12.08 or 13 b) size of final annuity payment = $880

Q: A 20-year annuity pays $1,950 per month, and payments are made at the end of each month. If the…

A: Present value of the annuity of $1950 at 7% compounded monthly at the end of 10 years would be…

Q: Suppose an annuity at 5% compounded semi-annually will pay $5000 at the end of each 6-month period…

A: The annuity refers to the series of regular payments that last for a specific period of time. The…

Q: What is the present value of an annuity that consists of 24 semiannual payments of $8000 at the…

A: Present value is the current value of future cash flow with respect to time value of money.

Q: If the present value of an ordinary, six-year annuity is $8,500 and the interest rates are 9.5…

A: Given: Resent value of Ordinary Annuity = $8500 Interest Rate = 9.5% Time =6 years So, the value of…

Q: Suppose payments were made at the end of each quarter into an ordinary annuity earning interest at…

A: The present value is the value of the sum received at time 0 or the current period. It is the value…

Q: You expect to make equal payments of $3460.00 at the end of each semi-annual period over the next 3…

A: We need to use the concept of time value of money to solve the question. According to the concept of…

Q: if money is worth 8% compounded quarterly, what is the present and future value of an ordinary…

A: The present and future value can be computed with the help of annuity function

Q: -year annuity pays $940 per month at the end of each month. For the first seven years, the nominal…

A: The more is compounding the more is the effective interest rate and more is the future value of…

Q: If the present value of an ordinary. 7-year annuity is $6,500 and interest rates are 75 percent,…

A: The present value of annuity due is simply calculated as the present value of ordinary annuity…

Q: Calculate the present value of a 30-year annuity with annual payments which pays an initial payment…

A: Computation:

Q: A one-year annuity that pays $100 semi-annually will starts its payment in 6 months from now. APR is…

A: Present Value of  Ordinary Annuity refers to the concept which dictates the discounted value of a…

Q: An annuity purchased for $195,000 pays $6,000 at the end of every quarter. How long will the…

A: The term "annuity" refers to an insurance contract created and distributed by financial institutions…

Q: If the present value of an ordinary, 6-year annuity is $9,400 and interest rates are 9.5 percent,…

A: Time value of money is the concept widely used by the management to determine the worth of money…

Q: certain annuity pays 80.00 at the end of every 3

A: The nominal rate can be computed as follows :

Q: A 25-year annuity was purchased with $225,000 that had accumulated in a RRSP.  The annuity provides…

A: DefinitionRRSP:  A Registered Retirement Saving Plan is an investment cum retirement saving plan for…

Q: If a 48-month annuity has a present value of $6,700 and an annual discount rate of 5.8%, then how…

A: A theory that helps to compute the present or future value of the cash flows is term as the TVM…

Q: Find the size of the quarterly payment if the interest rate is 8% compounded quarterly.

A: Compounded quarterly means Interest on the principal gets added back to the principal amount at the…

Q: Determine the present value of an ordinary annuity of P1,000 per year for 10 years with the first…

A: The present value is the value of the sum received at time 0. It is the current value of the sum…

Q: What is the present value of an ordinary annuity of 2,200 per year for 15 years discounted back to…

A: The present value function or concept can be used to determine the present value of a future sum or…

Q: An annuity with a cash value of ​$12,000 pays ​$880 at the beginning of every three months. The…

A: Annuity refers to series of annual payment which is paid or received at start or ending of specific…

Q: Suppose payments were made at the end of each month into an ordinary annuity earning interest at the…

A: Using excel PMT function

Q: What is the present value of an annuity consisting of payments of $800 every month for 8 years, with…

A: Present value is the current worth of the amount that  is deposited or received in some future date…

Q: The present value of an annuity is payable annually for 2 years, with the first payment at the end…

A: Value of an annuity refers to nominal worth for each payment. It implies for amount at which annuity…

Q: Suppose payments were made at the end of each month into an ordinary annuity earning interest at the…

A: Future value of annuity = P * [ (1+r)^n  - 1 ] /r  Where, r= rate of interest i.e. 9%/12 = 0.75% or…

Q: Calculate the future value of an ordinary annuity consisting of monthly payments of $450 for five…

A: An ordinary annuity is an annuity where the periodic payment occurs at the end of the period.

Q: If you have a 13-year annuity paying $305 quarterly in 5 years when interest is 3.25% compounded…

A: Time Period = 13 Years  Monthly Payment made at beginning = $305 Payment started in 5 years…

Q: What are the future value and present value of an annuity of 1300 payable monthly for 30 payments,…

A: The present value is the value of the sum received at time 0 or the current period. It is the value…

Q: A deferred annuity is purchased that will pay P8, 000 per quarter for 20 yea after being deferred 10…

A:

Q: What is the present value of an annuity due of 2,000 per year for 15 years discounted back tobthe…

A: In present value of annuity due, payment is due at the beginning of the year. We need to use formula…

Q: Suppose a $100 monthly payment, at a .5% nominal rate per month, for 36 months. Find the present…

A: given information monthly payment = $100 interest rate = 0.5%/12 = 0.04166666666% no of months = 36…

Q: Find the future value of each annuity due.  Then determine how much of this value is from…

A: Annuity Due occurs when stream of payments starts from current date and because of which, each…