Find the term of the following ordinary general annuity. State your answer in years and months (from 0 to 11 months). Future Value Periodic Payment Interval Interest Rate Compounding Period Payment $20,500 $690 1 year 10.8% monthly The term of the annuity is year(s) and month(s).
Q: Use Table 12-1 to calculate the future value (in $) of the annuity due. (Round your answer to the…
A: Annuity payment (P) = $ 700 Period = 11 Years Semi annual periods (n) = 11*2 = 22 Annual interest…
Q: Use Table 12-2 to calculate the present value (in $) of the annuity due. (Round your answer to the…
A: Here,
Q: Find the value of annuity at the end of indicated number if years Amount of deposit m= $100…
A: To calculate the future value of annuity we will use the below formula Future value =…
Q: Identify the following types of Annuity from the options ( A to D) given below : Payments of $ at…
A: An annuity is a series of equal payments and receipts lasting for some specific period. The annuity…
Q: Find the periodic withdrawals PMT for the given annuity account. (Assume end-of-period withdrawals…
A: Given information: Present value : $500,000 Rate of interest : 4% Time period : 12 years
Q: Find the periodic withdrawals PMT for the given annuity account. (Assume end-of-period withdrawals…
A: Annuity: It is the series of equal & uniform payments that is paid or received in the future.
Q: For the following ordinary annuity, determine the size of the periodic payment. Future Payment…
A: The PMT function is a type of financial function which helps to determine the total monthly payment…
Q: Find the term of the ordinary annuity in years and months (from 0 to 11 months). Present Value…
A: Present value of annuity = $20000 Quarterly rent (Q) = $900 r = 4.7% per annum = 1.175% per quarter…
Q: The following terms of payment for an annuity are as follows: Periodic payment = P20,000 Payment…
A: To find the present value of ordinary annuity, we will use the following formula:PV of ordinary…
Q: ind the amount accumulated FV in the given annuity account.
A: find the amount accumulated FV in the given annuity account. (Assume end-of-period deposits and…
Q: Find the periodic withdrawals PMT for the given annuity account. (Assume end-of-period withdrawals…
A: Given: Future value = $400,000 Interest rate = 6% Years = 18
Q: For the following annuity due, determine the nominal annual rate of interest. Future Periodic Rent…
A: Solution:- When an equal amount is paid at the beginning of each period, it is called annuity due.…
Q: Use Table 12-2 to calculate the present value (in $) of the annuity due. (Round your answer to the…
A: Present value annuity formula=P×1-11+rnr where, P=Annuity payment=$700r=rate per…
Q: Find the periodic withdrawals PMT for the given annuity account. (Assume end-of-period withdrawals…
A: Here, the amount of periodic withdrawals is monthly payment. Hence, monthly interest rate should be…
Q: Find the term of the following ordinary general annuity. State your answer in years and months…
A: A theory that helps to compute the present or future value of the cash flows is term as the TVM…
Q: Find the future value of an ordinary annuity with a $260 monthly payment at 8 1/4% interest for 15…
A: Interest rate = 8 1/4% Interest rate = 8%+0.25% = 8.25% ------------------------------ Monthly…
Q: Find the future value and total interest of the annuity. Periodic Annual interest Annuity type…
A: We know that, FVA Ordinary = P×1+in-1i =$2400×1+10%44×5-110%4=$61,307.1782=$61,307.18
Q: Find the accumulated amount of the annuity. (Round your answer to the nearest cent.)
A: Ordinary Annuity: When the annuity payments are paid at the end of the period, such annuity payments…
Q: 5. Find the length of the term for the following annuity due. Express your answer in years and…
A: PV is the current value of the cash flows that are expected to happen in the future.
Q: An annuity pays 8 at the end of each year for five years, starting at the end of the 12th year.…
A: Given, Payment made is $8 starting from the end of year 12th. Since payment is starting from the…
Q: ind the amount accumulated FV in the given annuity account. (Assume end-of-period deposits and…
A: Using excel FV function
Q: Use Table 12-1 to calculate the future value (in $) of the annuity due. (Round your answer to the…
A: Semi annual payment (C) = $ 700 Period = 11 Years Semi annual period (t) = 11*2 = 22 Nominal rate =…
Q: Find the amount accumulated FV in the given annuity account. HINT [See Quick Example 1 and Example…
A: in this we have to find future value FACTOR and find future value of deposit.
Q: Find the amount accumulated FV in the given annuity account. (Assume end-of-period deposits and…
A: There are two types of annuities, i.e., ordinary annuity and annuity due. An ordinary annuity is a…
Q: 1. Find the present value of the following ordinary deferred annuity. Periodic Payment Made Payment…
A: Annuity refers to series of equalized payments that either made at start or end of specified…
Q: An annuity provides for 20 annual payments. The first payment of $ 100 is made immediately and the…
A: Payments made at the beginning of each period are called Annuity due.
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: t accumulated FV in the given annuity account. (Assume end-of-period deposits and compounding at the…
A: Hi There, Thanks for posting the questions. As per our Q&A guidelines, must be answered only one…
Q: Find the term of the following ordinary general annuity. State your answer in years and months (from…
A: The time period or the number of years (NPER) refers to the time it would require for the investment…
Q: Find the periodic withdrawals PMT for the given annuity account. (Assume end-of-period withdrawals…
A: PMT refers to payment per period. It is inflow or outflow occurs after a particular time period.
Q: Find the amount accumulated FV in the given annuity account. (Assume end-of-period deposits and…
A: A theory that helps to compute the present or future value of the cash flows is term as the TVM…
Q: Find the periodic withdrawals PMT for the given annuity account. (Assume end-of-period withdrawals…
A: GIVEN, PV= $300,000 R=6% N=11 M=12
Q: In the provided formulas, P is the deposit made at the end of each compounding period, r is the…
A: Using the future value annuity formula: Rate of interest per quarter (r) = 7.25%/4 = 0.018125 Number…
Q: Find the term of the following ordinary general annuity. State your answer in years and months (from…
A: Present value (PV) = $10,300 Monthly payment (P) = $330 Interest rate = 3% Monthly interest rate (r)…
Q: For the following ordinary annuity, determine the size of the periodic payment Present Payment…
A: As per the given information: Present Value = $12,200 Interest rate = 8.8% compounded monthly Time…
Q: Prepare a time diagram for the present value of a four-year ordinary annuity of $200. Assume an…
A:
Q: For the following ordinary annuity, determine the size of the periodic payment. Present Future Value…
A: Future value of annuity The future value of annuity refers to the total value of the investment at…
Q: Find the value of the annuity at the end of the indicated number of years. Assume that the interest…
A: For calculating the future value of annuity, following formula shall be used: = Amount of deposit *…
Q: Find the periodic withdrawals PMT for the given annuity account. (Assume end-of-period withdrawals…
A: 1) Solved using Financial Calculator PV = +/- 200,000 FV = 10,000 I/Y = 4/12 = 0.33 N = 16*12 = 192…
Q: Find the value of the annuity at the end of the indicated number of years. Assume that the interest…
A: Future value of annuity is the total amount of periodic series of deposits at a specified time in…
Q: Find the future 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: Present value (in $) of an annuity due Nominal Annuity Payment Time Interest Present Value Payment…
A: When the annuity or the payment is due at the beginning of each period is referred as annuity due.
Q: Use Table 12-2 to calculate the present value (in $) of the annuity due. (Round your answer to the…
A: The present value is the present worth of the annuity amount that has to paid or received in the…
Q: a. Use the appropriate formula to find the value of the annuity. b. Find the interest. Time 20 years…
A: Deposit = 1000 End of each year Time Period = 20 years Interest Rate = 3%
Q: Find the future value of the following ordinary annuity. Periodic Payment - 1775 Payment Interval…
A: Future Value: The future value is the amount that will be received at the end of a certain period.…
Q: Find the term of the ordinary annuity in years and months (from 0 to 11 months). Present Value…
A: Given: Present value = $9,500 Payment = $1,000 Payment interval = 6 n = 2 Rate of interest (r) =…
Q: Determine the present value of an ordinary annuity paid annually for 25 years if payments are 1.200$…
A: Ordinary Annuity is one of the two classification of annuities where first annuity transaction is…
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- Find the term of the following ordinary general annuity. State your answer in years and months (from 0 to 11 months). Payment Interest Compounding Period Present Periodic Value Payment Interval Rate $9000 $245 month 6% annually The term of the annuity is year(s) and month(s).Find the term of the following ordinary general annuity. State your answer in years and months (from 0 to 11 months). Payment Interval Present Periodic Interest Compounding Period Value Payment Rate $9300 $355 month 7% quarterly The term of the annuity is year(s) and month(s).Find the term of the following ordinary general annuity. State your answer in years and months (from 0 to 11 months). Present Periodic Раyment Interest Compounding Value Рayment Interval Rate Period $13,500 $2500 six months 3.55% monthly The term of the annuity is year(s) and month(s).
- Find the term of the following ordinary general annuity. State your answer in years and months (from 0 to 11 months). Present Periodic Payment Interval Interest Compounding Value Payment Rate Period $13,500 $2500 six months 3.55% monthly ... The term of the annuity is year(s) and month(s).Give typing answer with explanation and conclusion Determine the periodic payment for the following deferred annuity. The annuity is an ordinary annuity following the period of deferral. Deferral period Payment interval (months) Interest rate (%) Compounding frequency Term (years) Present value ($) 27 months 1 6.4 Quarterly 20 50,000.00Find the term of the following ordinary general annuity. State your answer in years and months (from 0 to 11 months). Present Periodic Payment Interval Interest Compounding Period Value Payment Rate $15,000 $1500 1 year 4.45% semi-annually The term of the annuity is year(s) and month(s).
- Find the present value of the following ordinary annuity. Periodic Payment Payment Interval Term Interest Rate Conversion Period $2900 1 year 6 years 7% quarterlyDetermine the future value of the annuity due: Periodic Payment Nominal Compounding Payment ($) Interval Term Rate (%) Frequency 750 6 months 6½ years 9 Quarterlycalculate the future value (in $) of the ordinary annuity. (Round your answer to the nearest cent.) AnnuityPayment PaymentFrequency TimePeriod (years) NominalRate (%) InterestCompounded Future Valueof the Annuity $3,500 every 6 months 5 4 semiannually $
- Find the future value of the following ordinary annuity. Periodic Payment Payment Interval Term Interest Rate Conversion Period $1675 1 year 13 years 8% quarterlyFind the value of the ordinary annuity at the end of the indicated time period. The payment are frequency of deposits and annual interest rate are in time period. TR given amount $750 quarterly 5% eight years.Calculate the nominal and effective rates of interest for the following ordinary annuity. Round to the nearest 0.01% Future Value Payment Interval $112,6041 month Future Value Calculate the nominal and effective rates of interest for the following ordinary annuity. Round to the nearest 0.01% Payment Interval Periodic Payment $75,000 1 month Term $750 9.25 years Periodic Payment Term $318.0711 years