1. Find the present value of the following ordinary deferred annuity. Periodic Payment Made Payment Period Period of Term Interest Rate Coversion Period At: Deferment $280 end 6 months 10 years 6 years 6% Monthly Frank's Machino Sh
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A: find the amount accumulated FV in the given annuity account. (Assume end-of-period deposits and…
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A: The computation as follows:
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A: “Since you have posted a question with multiple sub-parts, we will solve first three sub-parts for…
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A: GIVEN, PV= $300,000 R=6% N=11 M=12
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Q: Find the present value of the following ordinary deferred annuity. Periodic Made Payment Period…
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Q: Find the term of the following ordinary general annuity. State your answer in years and months (from…
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A: Solution Given peiodic payment = 12,000 pesos payment interval = 3 months term = 14 yrs interest…
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A: Converting 7% compounding quarterly rate to effective rate Effective rate of interest = [(1+…
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A: Given: Present value = $9,500 Payment = $1,000 Payment interval = 6 n = 2 Rate of interest (r) =…
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- II. Table Completion. Find the indicated value from the following ordinary annuity. Write your answer on the table. i Соmpounded Semiannually Quarterly Monthly Annually Quarterly Monthly Annually Semiannually Quarterly Monthly An R J 5 years 2,000 3, 578 7, 500 10% 11% 21 months 9% 15 months 10 years 3 years 60 months 970. 50 5% 10, 288.29 1.25% 0.25% 226, 263.49 53, 279. 32 6. 7% 4 8. 7, 136.39 8.5% 42 months 9. 10, 000 9 years 4% 10 9, 032. 70 1% 30 1234507Give typing answer with explanation and conclusion Determine the periodic payment for the following deferred annuity. The annuity is an ordinary annuity following the period of deferral. Deferral period Payment interval (months) Interest rate (%) Compounding frequency Term (years) Present value ($) 27 months 1 6.4 Quarterly 20 50,000.00Find the present value of the following ordinary annuity. Periodic Payment Payment Interval Term Interest Rate Conversion Period $2900 1 year 6 years 7% quarterly
- Complete the ordinary annuity. (Please use the following provided Table.) Note: Do not round intermediate calculations. Amount of payment Payment payable Years Interest rate Value of annuity $ 5,000 Annually 11 4 %Present values and Ordinary Annuity and Annuity Due A.) Find the present value of each of the following ordinary annuities. Complete the table Term of Annuity Compounding Period Annuity Payment Rate of Interest Present Value L1) Php 6.800 2 vears 6% monthly5. Find the length of the term for the following annuity due. Express your answer in years and months (from 0 to 11 months). Future Value Present Value Periodic Payment Period Interest Rate Conversion Period Payment $126,000 S770 1 month 5% annually
- a.use the appropriate formular to find the value of the annuity. b.find the interest. PERIODIC DEPOSIT| | RATE | TIME $1500 at the end of every three months| 6.25% compounded quaterly | 5 yearsFor each of the following situations involving annuities, solve for the unknown (?). Assume that interest is compounded annually and that all annuity amounts are received at the end of each period. (i = interest rate, and n = number of years) Present Value Annuity Amount i n1. ? $ 3,000 8% 52. $ 242,980 75,000 ? 43. 161,214 20,000 9 ?4. 500,000 80,518 ? 85. 250,000 ? 10 4 Sandy Kupchack just graduated from State University with a bachelor’s degree in history. During her four years at the university, Sandy accumulated $12,000 in student loans. She asks for your help in determining the…Determine the future value of the annuity due: Periodic Payment Nominal Compounding Payment ($) Interval Term Rate (%) Frequency 750 6 months 6½ years 9 Quarterly
- 2. Determine the future value (accurate to the cent) of the ordinary general annuity: Periodic Payment Interval Nominal Rate Compounding Frequency Term Payment $150 1 month 6.5 10% Quarterly yearsFind the future value of the following ordinary annuity. Periodic Payment Payment Interval Term Interest Rate Conversion Period $1675 1 year 13 years 8% quarterlyCalculate the present value of the following annuities, assuming each annuity payment is made at the end of each compounding period. (FV of $1. PV of $1. FVA of $1, and PVA of $1) (Use tables, Excel, or a financial calculator. Round your answers to 2 decimal places.) 1. 2. 3. Annuity Payment $ 5,600 10,600 4,600 Annual Rate Interest Compounded Semiannually 9.0% 10.0% Quarterly 11.0% Annually Period Invested 3 years 2 years 5 years Present Value of Annuity