What's the future value of a 12%, 5-year ordinary annuity that pays $300 each year? If this was an annuity due, what would its future value be? Do not round intermediate calculations. Round yo answers to the nearest cent. Future Value of an Ordinary Annuity: $ Future Value of an Annuity Due: $

Q: Suppose you are going to receive $13,300 per year for five years. The appropriate discount rate is…

A: Using excel PV and FV for calculating present value of annuity and future value of annuity

Q: What is the future value of an ordinary annuity of $2,000 for 4 years, if interest rates are 6…

A: Given: Interest rate = 6% Future value of ordinary annuity = $2000

Q: A company wants to determine how much it should pay to purchase a particular ordinary annuity today.…

A: Formula for finding PV  PV=Payment per month*[{1-{1+interest rate)^(-Time period)}}/interest rate]…

Q: An annuity will pay four annual payments of $100, with the first payment to be received three years…

A: Definition:

Q: What is the future value of a 7%, 5 year ordinary annuity that pays 300 each year? If this was an…

A: When the Cash Flows occurs at the end of each period, the annuity is called a Regular Annuity. In…

Q: What’s the present value of a perpetuity that pays $1,000 per year beginning1 year from now, if the…

A: Computation:

Q: What's the future value of a 5%, 5-year ordinary annuity that pays $100 each year? If this was an…

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

Q: Why would you prefer to receive an annuity due for $10,000 per year for 10 yearsthan an otherwise…

A: An ordinary annuity is an annuity which pays the cash flows at the end of the period. Under the…

Q: If you put 45,000 today in exchange for a 6.4 percent, 15-year annuity, what will the annual cash…

A: Present Value = 45,000 Rate = 6.4% Time period = 15 ye

Q: Find the present value of an annuity of $ 365.00 per month for 26 years at a rate of 3 1/4% interest…

A: Monthly payment (P) = $ 365 Period = 26 Years Number of monthly payments (n) = 26*12 = 312 Annual…

Q: An investor wants to save money to purchase real estate. He buys an annuity with quarterly payments…

A: Here, Quarterly Payment is $163 Interest Rate (r) is 5.5% Compounding Period (m) is Quarterly i.e 4…

Q: What's the future value of a 7%, 5-year ordinary annuity that pays $300 each year? If this was an…

A: For ordinary annuity, payment takes place at the end of every period and for annuity due, payment…

Q: What is the future value of an ordinary annuity of $1,000 per year for 9 years compounded at 10…

A: Given: Annual cash flow (A)=$1000 Number of years (n) =9 years Interest rate(r) = 10% = 0.10

Q: A. What's the future value of a 10%, 5-year ordinary annuity that pays $100 each year? Round your…

A: A. Future value is $610.51.

Q: You invest in an ordinary annuity $3,000 annually at 7% annual interest. What is the future value of…

A: Given:  Amount = 3000 r = 7% n = 5 years

Q: What’s the present value of a perpetuity that pays $300 per year if the appropriate interest rate is…

A: present value of a perpetuity = Annual payment/Discount rate

Q: annuity

A: Annuity can be defined as series of payments which are made at regular intervals. Examples of…

Q: What is the current worth of this annuity?

A: Calculation of present value of future cash flows: Year Annual cashflows PV factor @7% Discounted…

Q: What is the present value of a 3-year annuity of $180 if the discount rate is 7%?  . What is the…

A: Present Value of annuity refers to the present value of all the future payments of and series of…

Q: What's the difference between an ordinary annuity and an annuity due? Why would you prefer to…

A: Note: Interest arate is not provided,hence "i" is taken as 5% for calculation. Same formula can be…

Q: Solve for the FVA or PVA value of the following annuity DUE s; Payment amt $ 12,000.00 $ 60,000.00…

A: a) Ordinary annuity and annuity due can be calculated using formula and excel. Since, the question…

Q: What is the future value of a $500 annuity payment over four years if interest rates are 8 percent?…

A: Calculate the future value as follows:

Q: What is the future value of an 11%, 5-year ordinary annuity that pays $350 each year? Do not round…

A: Formula: Future value of Annuity = P x [ ( 1 + R )N - 1 ] / R N = Number of years R = Rate of…

Q: Use graphical approximation techniques to answer the question. When would an ordinary annuity…

A: An annuity is a type of contract usually used in the insurance industry. It provides a periodic…

Q: What is the future value of a 7%, 5-year ordinary annuity that pays $300 each year? If this were an…

A: Calculation of future value of annuity:

Q: What is the future value of a 12%, 5-year ordinary annuity that pays $600 each year? Do not round…

A: Ordinary annuity is when the payments start at time 1, Annuity due is when the payments start at…

Q: a. What is the present value of a 3-year annuity of $110 if the discount rate is 5%? (Do not round…

A: Annuity means a contract in which the financial institution pays an amount that gives the fixed…

Q: What is the future value of an 8%, 5-year ordinary annuity that pays $350 each year? Do not round…

A: Interest rate (r) = 8% Annual payment (P) = $ 350 Number of annual payments (n) = 5

Q: What is the future value of a 5%, 5-year ordinary annuity that pays P8,000 each year? If this was an…

A:

Q: What is the future value of a $890 annuity payment over six years if interest rates are 10 percent?…

A: Annual payment (P) = $ 890 Annual interest rate (R) = 10% Period (N) = 6 years

Q: What's the future value of a 12%, 5-year ordinary annuity that pays $700 each year? If this was an…

A: Given information: Annual payment is $700 Interest rate is 12% Number of years is 5

Q: If the future value of an ordinary, 6-year annuity is $5,900 and interest rates are 7.5 percent,…

A: Calculate the future value of annuity due as follows: Future value of annuity due = Future value…

Q: At a discount rate of   6.00​%, find the present value of a perpetual payment of ​$   1,000 per…

A: Perpetual payment = $1000 Discount rate = 0.06   Discount rate = 0.03     Present value of the…

Q: What is the present value of a perpetuity that pays $50 annually and has an annual rate of return of…

A:

Q: What is the present value of a perpetuity that pays 1,000 per year beginning 1 year from now if the…

A: The perpetuity is the annuity that happens for a perpetual period. In other words, it is the equal…

Q: Your insurance company offered you an annuity that pays you $100 at the end of each year. The life…

A: An annuity is an agreement between an individual and an insurance company in which the individual…

Q: What is the future value of an ordinary annuity with annual payments of $1200 for 20 years at 10%…

A: An annuity is a constant stream of cash flows. An ordinary annuity is one in which cash flows takes…

Q: What is the future of a 7%, 5-years ordinary annuity that pays $300 each year? If this were an…

A: Annuity Amount= $300 each year Rate of Interest (r)= 7% Time period= 5 years

Q: Suppose an annuity will pay $11,000 at the beginning of each year for the next 7 years. How much…

A: Annuity refers to the periodic payment which can be made monthly, quarterly, semi-annually or…

Q: A perpetuity will pay $1000 per year, starting five years after the perpetuity is purchased. What is…

A: The question is based on the concept of perpetuity payment and concept of time value of money.Future…

Q: What is the future value of a 7%, 5-year ordinary annuity that pays $650 each year? Do not round…

A: Interest rate (r) = 0.07 Annuity period (n) = 5 years Annual payment (A) = $650 Future value = FV…

Q: How much money will he need to deposit into the annuity each quarter for the annuity to have a total…

A: Future Value of Ordinary Annuity: It represents the future value of the annuity cash flows made at…