The present value of an annuity is 16,950. Quarterly payments of 369 are made from 16,950 that is invested at 4% compounded quarterly. How many regular payments will be made and what is the size of the concluding payment?

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: A 10-year annuity pays $1,725 per month, and payments are made at the end of each month. The…

A: The current worth of the cash flows or an asset after discounting is termed as the present value.

Q: A perpetuity with a present value of $25,000 today yields cash flows of $100 per month. The first…

A: Perpetuity involves receiving cash flow for an infinite period of time. Perpetuity calculation can…

Q: A ten-year annuity has an interest rate of 12% with individual cash flows of $150 at every end of…

A: Time period = 10 years  Interest rate = 12%  Cash flows = $150

Q: In a sequence of 10 annual payments of P2,000 each, the first one is due at the end of 6 years. Find…

A: Calculation of Present Value of Annuity   Year end  Payment  Present value factor at 6%  Present…

Q: n annuity pays $4152 per month, and payments are made at the end of each month. If the interest rate…

A: Present value of annuity can calculated by using Excel PV function.

Q: Find the amount of an annuity consisting of 16 annual payments of $1000 each into an account that…

A: A regular series of fixed payments that are made or received at equal time intervals is term as the…

Q: An annuity with a cash value of ​$12,000 pays ​$2,050 at the beginning of every six months. The…

A: Annuity:  An annuity is the series of payments which is received or paid for a certain period of…

Q: A 15-year annuity pays $1,350 per month, and payments are made at the end of each month. If the…

A: The PV of the annuity is the present worth of the constant amount that has to paid or received in…

Q: if the money is worth 6% compounded semi-annually, find the present value and the amount of annuity…

A: Annuity refers to series of equalized payments that either made at start or end of specific interval…

Q: Calculate the future value of an ordinary annuity where $360 is deposited and compounded quarterly…

A: The ordinary annuity of the payments would be considered as payment made at the end of the year, and…

Q: What is the present value of the annuity if it is paid over three years (starting immediately)?

A: For the first year, payment = $15,000 For second year = $15,000 x 0.970 = $14,550 For third year =…

Q: present value of an annuity is 16,950. Quarterly payments of 369 are made from16,950 that is…

A: In this we have to calculate the present value factor of annuity to get number of years.

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: A company wants to have $40,000 at the beginning of each 6-month period for the next 4.5 years. If…

A: The given problem is on Annuity due Annuity due is an annuity whose  payment is due immediately at…

Q: A perpetuity pays $100 each year, with the first payment scheduled two years from now. Assume that…

A: Amount of $100 will be paid by a perpetuity and that will be started from year 2 (two year from…

Q: The present value of a five-year annuity-immediate, with payments of $100 each six times per year,…

A: Present Value (PV)= $2093 Time (t)= 5 years Annuity Amount (A)= $100 (6 times a year)= $600 Rate 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: What is the accumulated amount of a 10-year annuity paying ₱ 10,000 at the end of each year, with…

A: The present value method is used to evaluate the different levels of investment projects. With the…

Q: An annuity with a cash value of $14,000 earns 5% compounded semi-annually. End-of-period semi-annual…

A: Cash Value = $14,000 Interest Rate = 5% compounded semi annual

Q: The future value of an ordinary annuity of $1,000 each year for 10 years, deposited at 3 percent, is

A: Payment (PMT) = $ 1,000 Tenure (N) = 10 years Rate (R) = 3%

Q: Assume that you make quarterly payments of $650 into an annuity paying 8% interest compounded…

A: In this question we need to calculate the future value from following details: Quarterly payment =…

Q: A 15-year annuity pays ¢5,500 per month, and payments are made at the end of each month. If interest…

A: The present value of annuity is the series of cash flows that occur with equal period of time. The…

Q: Determine the present value and total amount of an annuity with 6 payments of P120,000 each made at…

A: The interest is compounded quarterly at rate of 3.75%.

Q: What is the accumulated amount of a 8-year annuity paying ₱ 4,300at the end of each year, with…

A: Using excel FV function

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: If you have a 13-year annuity paying $209 quarterly beginning in 6 years when interest is 3.13%…

A: First payment takes place in the beginning of 6th year. The payments are made quarterly.

Q: Find the present value of an ordinary annuity which has payments of $1000 per year for 12 years at…

A: The present value of an ordinary annuity is the present value of the same cash flows occurs at the…

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: What is the future value of an annuity of 15 deposits of $6407 at the end of each year with a…

A: Step1: Calculating the future value of annuity. We have,Future value of annuity = P [(1+r)n – 1] /…

Q: A student will receive 3,000 at the beginning of each months for 4 years. What is the sum of this…

A: Annuities are referred to as the contracts that are issued as well as distributed by the financial…

Q: Find the amount and present value of an ordinary annuity of P5,400 payable quarterly for 7 years if…

A: Solution:- When an equal amount is paid each period, it is called ordinary annuity. So, we have,…

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: A certain annuity pays $108 at the end of every 3 months. If the present value of the annuity is…

A: Annuity means a set of a finite number of payments that are made in equal time intervals and the…

Q: An annuity that pays $950 at the end of each month for 18 years sells for $105,000 What was the…

A: Quarterly Compounded Nominal Interest Rate: Quarterly compounding outperforms semi-annual…

Q: The present value of an ordinary annuity of $2,350 each year for eight years, assuming an…

A: Given information is: Ordinary annuity each year = $2350 Period = 8 years Opportunity Cost = 11%

Q: A 13-year annuity pays $1,400 per month, and payments are made at the end of each month. The…

A: The Present value of annuity can be calculated using PVfunction in excel.It can be divided into 2…

Q: an investment is expeted to result in equal payments of $9740.00 at the end of each month for the…

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

Q: A perpetuity pays $ 100 each year , with the first payment scheduled two years from now . Assume…

A: The question can be solved as follows:

Q: What is the accumulated amount of a 9-year annuity paying P 1,075at the end of each year, with…

A: Using Excel FV function

Q: What is the accumulated amount of a 9-year annuity paying ₱ 1,075at the end of each year, with…

A: Future value is defined as the current asset value at the date of future on the basis of an assumed…

Q: A 13-year annuity pays $1,200 per month, and payments are made at the end of each month. The…

A: Present value of annuity is the present value of all the periodic stream of cash flow that occur in…

Q: What is the accumulated sum of each of the following streams of ordinary annuity payments?   $35…

A: Time value of money: Time value of money refers to the concept that the value of money available at…