What is the present worth of a 3 years annuity paying P300,000.00 at the end of each year, with interest at 28% compounded annually? Oa P560,135.62 O b. P560,513.62 P506,531.62 d. P560,531.62 C.
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- Value of an Annuity Using the appropriate tables, solve each of the following. Required: 1. Beginning December 31, 2020, 5 equal withdrawals are to be made. Determine the equal annual withdrawals if 30,000 is invested at 10% interest compounded annually on December 31, 2019. 2. Ten payments of 3,000 are due at annual intervals beginning June 30, 2020. What amount will be accepted in cancellation of this series of payments on June 30, 2019, assuming a discount rate of 14% compounded annually? 3. Ten payments of 2,000 are due at annual intervals beginning December 31, 2019. What amount will be accepted in cancellation of this series of payments on January 1, 2019, assuming a discount rate of 12% compounded annually?Present Value of an Annuity Ralph Benke wants to make 8 equal semiannual withdrawals of 8,000 from a fund that will earn interest at 11 % compounded semiannually. Required: How much would Ralph have to invest on: 1. January 1, 2019, if the first withdrawal is made on July 1, 2019 2. July 1, 2019, if the first withdrawal is made on July 1, 2019 3. January 1, 2019, if the first withdrawal is made on January 1, 2022What's the present value of a perpetuity that pays $2,200 per year if the appropriate interest rate is $%? O $47,960.00 $49,720.00 O $48,400.00 $44,000.00 $36,520.00 4
- What is the future value of an ordinary annuity with annual payments of $1200 for 20 years at 10% p.a. compounded annually? Select one: a. $68,729.99 b. $48,964.86 c. $68,112.18 d. $68,279.991. The present value of an annuity of P5,000 to be received at the end of each of the next six months for 6 years at a 4% annual rate would be? a. P3,950 b. P26,210 c. P52,875 d. None of the above 2. What is the value of P 100 perpetuity if interest is 7%? a. P 1,429 b. P12,321 c. P 21,350 d. None of the above• A perpetuity will pay $900 per year, starting five years after the perpetuity is purchased. What is the present value (PV) at time 0, given that the interest rate is 11%? • A) $2695 • B) $4312 • C) $5390 • D) $3234 Please show your steps.
- What is the present value of a perpetuity that pays annual, end-of-year payments of $850 every year? Use a nominal rate of 8.00%. O $10,625 O $10,952 O $10,241 O $9,133 O $9,004What is the present value of annuity of OMR 14000 for 8 years and discounting at 8% Select one: a. 83000.21 b. 80452.94 c. 735224.44 d. 90982.32What annual payment must you receive in order to earn a 6.5% rate of return on a perpetuity that has a cost of $4,800? a. $20.28 b. $292.96 c. $312.00 d. $156.00 e. $738.46
- Find the present value of an annuity P20,000 payable annually for 8 years, with the first payment at the end of the 11th year, if money is worth 5% compounded annually? P83,324.89 P85,027.35 P81,377.29 O P79,357.04What is the present value annuity due of RM4,500 with a 6 percent discount rate for 5 years? Select one: a. RM24,165.790 b. RM24,318.345 c. RM24,126.590 d. RM20,093.15Find the present value of an annuity of P 30,000 payable annually for 1O years with the first payment at the end of the 10th year, if the money is worth 6% compounded annually. P 130,693 O P 105,801 P 120,593 P 100,701