Use the ordinary annuity formula shown to the right to determine the accumulated amount in the annuity if ​$60 is invested semiannually for 10 years at 5.0​% compounded semiannually. The accumulated amount will be

Q: Determine the present worth of annuity consisting of 6 payments of 120,000 each payment are made at…

A: Annual payment (P) = 120,000 Number of annual payments (n) = 6 Interest rate (r) = 15%

Q: Find the value of an ordinary annuity if payments are made in the amount of R and interest is…

A: Annuity means regular payments or receipt of the same amount at the same interval period. Future…

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

A: Information Provided: Monthly Deposits = $100 Frequency = Monthly Rate = 6% Time = 8 years

Q: Use the ordinary annuity formula to determine the accumulated amount in the annuity.   ​$500…

A: A study that proves that the future worth of the money is lower than its current value due to…

Q: If P500 is invested at the end of each year for 6 years at an effective annual interest rate of 7%.…

A: Periodic Payment = P500 Time Period = 6 Years Interest Rate = 7%

Q: What is the Present Value of a 3-year ordinary annuity of $100 at 5%?  For clarity, the annuity pays…

A: present value of ordinary annuity formula: PVA=A×1-11+rnrwhere,A=annual paymentr=interest…

Q: Find the difference between the sums of an annuity due and an ordinary annuity for the following…

A: An annuity is a series of cash flows wherein an equal amount is paid every period. An ordinary…

Q: Find the future value and the present value of an annuity of P 15,000 payable at the end of every…

A: The deferred annuity is a series of cashflows which starts after m periods i.e. first cashflow is…

Q: Use the ordinary annuity formula shown to the right to determine the accumulated amount in the…

A: Future Value of Ordinary Annuity refers to the concept which determines the sum total of all the…

Q: Now rework parts a, b, and c assuming that payments are made at the beginning of each year; that is,…

A: Annuities due is that type of annuity in which payments are made at the start of each period. Here…

Q: Find the present value of an annuity if the first monthly payment ₱6,200 is made at the end of 4…

A: Present Value can be calculated using PV function in excel   PV (rate, nper, pmt, [Fv], [type])…

Q: Find the present value of the following ordinary annuity.   Periodic Payment Payment Interval Term…

A: Converting 7% compounding quarterly rate to effective rate  Effective rate of interest = [(1+…

Q: Use the ordinary annuity formula shown to the right to determine the accumulated amount in the…

A: Future Value of Ordinary Annuity refers to the concept which determines the sum total of all the…

Q: Consider a perpetuity that pays 100 at the end of each year for the first 10 years and 50 at the end…

A: Perpetuity is series of cash flows which happens at a periodic interval till perpetuity

Q: Calculate the present value of the following annuities, assuming each annuity payment is made at the…

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

Q: Determine the present value of an annuity for 15 years if the interest rate is 8.8% per annum…

A: An annuity is a constant stream of cash flows. In this case the cash flow amount is $72.50 in each…

Q: In the following ordinary annuity, the interest is compounded with each payment, and the payment is…

A: In this we need to find out monthly payment required for sinking fund.

Q: What is the present value of a $90,000 annual annuity for 10 years with an additional $1,000,000…

A: The present value of investment is the sum of present value of annuity and the present value of…

Q: For given information answer the Questions no (3) and (4) for a 10,000 per month annuity that has a…

A: FV=P1+in-1iFV=Future valueP=Periodic paymenti=rate of returnn=number of period

Q: What is the present value of a 15 year annuity with the first payment of $65,000 (all payments are…

A: present value of a 15 year annuity with the first payment of $65,000 (all payments are the same…

Q: Use the ordinary annuity formula shown to the right to determine the accumulated amount in the…

A: The annuity is a cash flow series wherein an equal cash flow is paid/received each period.

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

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

Q: use the appropriate formula to find out how much you should deposit now at 8% interest compounded…

A: The deposit amount can be calculated as the present value of annuity due.

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

A: In the given question we require to calculate the value of the annuity at the end of the 9 years…

Q: 3.) Find the present value of an annuity in perpetuity where payments are $1, 000 at the beginning…

A: As per the information:Annuity payment in 1 year, 3 year and so on=$1000Annuity payment in 2 year, 4…

Q: Find the future value of an annuity when the payment is P13,750 quarterly, the interest is 6.5%…

A: Compounding is the process of crediting interest to both an existing principal amount and previously…

Q: ind the amount accumulated FV in the given annuity account. (Assume end-of-period deposits and…

A: Using excel FV function

Q: Consider an annual annuity composed by 10 payments equal to 125 € in the first 3 years and 150 € in…

A: Annuity is defined as a regular payment made at fixed interval. In this case an annuity of 125 € is…

Q: Consider these two annuities. Annuity 1: $150 invested at the end of each 6 months for 20 years at…

A: As we are dealing investment accounts with periodic deposits, we will use annuity formula. Here we…

Q: Find the present value of an ordinary annuity which has deposits of P60,000 semiannually for 5 years…

A: Ordinary annuity refers to the set of periodic payments that a depositor makes into a savings…

Q: The future value of an ordinary annuity of $2,000 each year for 10 years, deposited at 12%, is:

A: The future value of ordinary annuity is calculated when the payments are made at end of the year. In…

Q: What is the present value of a perpetuity with payments starting one year from now.  The first…

A: Present value of perpetuity can be calculated by formula that cash flow of first year divided by…

Q: Find the amount that should be invested now to accumulate the following amount, if the money is…

A:

Q: Find the present value of an annuity of P20,000 payable annually for 8 years, with the first payment…

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

Q: Use the ordinary annuity formula A= p1+ r nnt−1 r n to determine the accumulated amount in the…

A: We need to use future value of ordinary annuity formula to calculate accumulated amount of annuity…

Q: Assume that Kathy is to make annual investments of P600,000 for three years. The interest for this…

A: Time value of money is a concept that helps in determining the value of future cash flows…

Q: Find the present value of an annuity due that pays $3000 at the beginning of each quarter for the…

A: Annuity due: Annuity due makes payments at the beginning of the year. Ordinary annuity: Ordinary…

Q: Calculate the capital recovery factor (in percent) given that the nominal rate for a…

A: N = 12 years or 96 semi quarters Nominal rate = 10.97℅ Number of compounding periods = 8

Q: Calculate the present value of an annuity-due of $200 over 8 years given that the spot rates of…

A: PV of annuity due is the sum of present value of future cash flows

Q: Find the future value for the annuity due with the given rate. payments of $400 for 9 years at0.32%…

A: Future value of Annuity due is the cash flows occur at the beginning of the period,and future value…

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: Find the present value of a twenty-year temporary life annuity issued to (45) which provides for…

A: Present value of future amount With future value (FV), discount rate (r) and period (n), the present…

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

A: The concept of the time value of money states that the current worth of money is more than its value…

Q: What is the present value of a 15 year annuity with the first payment of $45,000 (all payments are…

A: The present value of an ordinary annuity(payment due at end) can be calculated by using this…

Q: What is the present value of a perpetuity with payments starting one year from now.  The first…

A: A perpetuity is a type of security that pays a constant stream of fixed cash flows for an infinite…

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

A: Future value of the annuity  The worth of a set of normal payments at a future date, presumptuous at…

Q: FUTURE VALUE OF AN ANNUITY Find the future values of these ordinary annuities.

A: Formulas: To calculate FV of ordinary annuity: FV = PMT(1+r/n)^t*n - 1                       r/n…