RESENT VALUE OF ORDINARY ANNUITY The present value of an annuity is the principal that must be invested today to provide the regular payments of an annuity. Compute the present value of the lump sums amounting to Php100, 000 to be received five years from now with an annual compound interest rate of 5% using the formula given below. -nt -(1+:)* Present Valueord = PMT

Q: Find the present value PV of the annuity account necessary to fund the withdrawal given. (Assume…

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Q: The amount of $200 is deposited at the end of every six months into a savings account that pays 3%…

A: Given A=$200 n=5 years=10 half years Interest rate is 3% compounded semi annually. then i=32=1.5%…

Q: able for 4% compound interest invested for 5 years Interest Rate Num per period (i) compoundi

A: In this question, the concept of compound interest is applied. Compound Interest Compound interest…

Q: Calculate the present value PV (in dollars) of an investment that will be worth $1,000 at the stated…

A: Consider the following: Let the present value be $x. Given: Depreciation rater=3%=0.03Time=5…

Q: A deposit of Php 1,000/month in a bank giving 6% interest compounded monthly for two years. He…

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Q: Accumulate P180,000 for 5 years at 13% compounded semi-annually. (Note: accumulating an amount means…

A: When the interest is compounded, then the formula used is A=P1+rnnt , where, A is the final amount,…

Q: Find the interest rate needed for the sinking fund to reach the required amount. Assume that the…

A: From the given information, FV=31267, n=6×4, PMT=1150 and i=r4. Use the formula FV=PMT1+in-1i to…

Q: Find the present value PV of the annuity account necessary to fund the withdrawal given. (Assume…

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Q: An amount of $4100 is borrowed for 9 months at an annual simple interest rate of 3.0%. Find the…

A: Given:Principal amount, P = $4,100.Time, t = 9 months = 9/12 year.Rate of interest, r = 3.0% = 0.03.

Q: Calculate the present value PV (in dollars) of an investment that will be worth $1,000 at the stated…

A: Given information Future value FV=$1,000 Rate of interest r=6% depreciating that is r=-6%…

Q: Calculate the present value PV (in dollars) of an investment that will be worth $1,000 at the stated…

A: Topic - interest and increment and decrement of value

Q: Find the present value of an ordinary annuity which has payments of $600 per year for 12 years at 7%…

A: To find the present value of annuity

Q: Now, let's find the future value of the annuity. Recall that the future value FV of an account after…

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Q: Find the present value PV of the annuity account necessary to fund the withdrawal given. (Assume…

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Q: Sahil invest $25000 in an account that pays 7.5% APR compounded continuously for 9 years. What is…

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Q: At age 25, you start work for a company and are offered two retirement options. Retirement option…

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Q: To save for graduate school, a student invests $2170 semiannually in an ordinary annuity with 7%…

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Q: Calculate the present value PV (in dollars) of an investment that will be worth $1,000 at the stated…

A: P = principal amount or Present Value  R = annual rate of interest T = time duration applicable for…

Q: Calculate the present value PV (in dollars) of an investment that will be worth $1,000 at the stated…

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Q: Find the amount in a continuously compounded account for the following condition. Principal, $5000;…

A: We have to solve given Questions.

Q: Calculate the present value PV (in dollars) of an investment that will be worth $1,000 at the stated…

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Q: Now, let's find the future value of the annuity. Recall that the future value FV of an account after…

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Q: Determine the accumulated value after 7 years of deposits of $316.00 made at the beginning of every…

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Q: Find the interest rate needed for the sinking fund to reach the required amount. Assúme that the…

A: NOTE: Refresh your page if you can't see any equations. . here we have  A=22225 PMT=1200 t=4 years…

Q: Find the amount in a continuously compounded account for the following condition. Principal, $3000;…

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Q: Find the present value PV of the annuity account necessary to fund the withdrawal given. (Assume…

A: Given: P=$2,300r=4%=0.04 annuityn=12×15=180

Q: Find the interest rate needed for the sinking fund to reach the required amount. Assume that the…

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Q: semiannually

A: We will find the solution.

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: Mr Cruz is preparing his retirement at a certain period "n" year from now, he deposits a uniform…

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Q: 3. A loan of 7 quarterly payments of Php.8,300 is to be made, to pay for a loan at 10% compounded…

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Q: nd the present value PV of the annuity account necessary to fund the withdrawal given. (Assume…

A: INTRODUCTION: The term PV is used to denote present value, which is the initial amount that a person…

Q: Compute the simple interest INT for the specified length of time and the future value FV at the end…

A: Simple Interest I is calculated only on the principal(the amount borrowed) and is given by I = Prt…

Q: Compute the simple interest INT for the specified length of time and the future value FV at the end…

A: Here we can calculate the simple interest and future value as below

Q: 1. Pia deposits PhP 10,000 into an account at the beginning of each 4-year period for 40 years. 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…

A: We know that if interest is compounded then amount is given as: A=P1+rnnt where P is present amount…

Q: You consider paying equal amounts of money into a bank account at regular intervals for 10 years. As…

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Q: Future Value Find the future value of an annuity of$5000 paid at the end of each year for 20 years,…

A: Future Value Find the future value of an annuity of$5000 paid at the end of each year for 20 years,…

Q: An investment company offers a 6-year ordinary annuity with a guaranteed rate of 7.25% compounded…

A: We have given t=6 years  r=7.25%  compounded annuallyreceive amount  A=$8,000we know that…

Q: Saving Later Plan 2: Invest $350 at the end of each month into an account paying 7.5% compounded…

A: Consider the equation

Q: I want to start saving to buy a car. What is the balance and amount of interest earned if $400 is…

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Q: Find the present value PV of the annuity account necessary to fund the withdrawal given. (Assume…

A: To find the present value f annuity account necessary to fund the withdrawal given, $700 per month…

Q: a) After graduation at the age of 25, you plan to buy a house for your family using a bank loan. For…

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Q: Initial Annual Time to Amount After Investment % Rate Double 10 Years $1000 9.5% yr $

A: Explanation and solutions is given below.....

Q: Compute the simple interest INT for the specified length of time and the future value FV at the end…

A: Simple interest formula: The value of simple interest is given by, I=P×r×t, where P is principal…

Q: During this time of pandemic, many lending institutions offer a loan package to wage earners.…

A: Introduction: Suppose, an amount P is borrowed from an institution at the rate of r% annual simple…

Q: debt of RM12,000 bearing interest at 7% compounded annually is to be discharged by the sinking fund…

A: *Answer: Give data    debt of RM12,000 bearing interest at 7% compounded annually is to be…

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

A: The amount of deposit is $100. The rate of interest is 4% monthly. The time period for the deposit…