1. What is the present worth of a P1000 annuity starting at the end of the third year and continuing to the end of the fourth year, if the annual interest rate is 15%?
Q: If the future value of an ordinary, 4-year annuity is $1,000 and interest rates are 6 percent, what…
A: Formula to compute future value of annuity due:
Q: What is the PRESENT VALUE and the AMOUNT of a Php7,500 ordinary annuity payable quarterly for 12…
A: Quarterly payment (C) = Php7,500 Quarterly period (p) = 48 (i.e. 12 years * 4) Quarterly interest…
Q: What is the present value of an annuity that pays $58 per year for 13 years and an additional $1,000…
A: We can make use of the financial calculator to obtain the present value, PV. Inputs: I/Y = rate =…
Q: four-year ordinary annuity has a present value of P10,000. If the interest rate is 5% per annum, how…
A: Present value =10000 interest rate =5% Period =4 years Present value FACTOR =1-(1.05)-4/0.05…
Q: What is the future value of a 5-year ordinary annuity with annual payments of P200, evaluated at a…
A: Future value refers to the amount of current investment after a certain time at a certain rate of…
Q: Find the future value of the following ordinary annuities. Payments are made and interest is…
A: Given, The payments $4000 Interest rate is 10% Term is 20 years
Q: What’s the interest rate of a 5-year, annual $4,800 annuity with present value of $20,000?
A: Given; Present value of annual payments : $20,000 Time period (r): 5 years Annuity: $4,800
Q: What must YOU invest today to receive an annuity of $4,500 for 10 years compounded at 8% quarterly…
A: PV of Annuity =P1-1(1+r)n r Where PV = Present Value r = rate of interest n = Number of Period P =…
Q: What is the present value of the annuity if it is paid over three years (starting immediately)?
A: For the first year, payment = $15,000 For second year = $15,000 x 0.970 = $14,550 For third year =…
Q: What is the present value of a four-period annuity of $200 per year that begins two years from today…
A: Annual annuity amount = $200 Time Period = 4 years Discount Rate = 9%
Q: What is the future value of a 7%, 5-year annuity that pays $300 at the beginning of each year?
A: Given: Rate: 7% Annuity =300 Number of years = 5
Q: 1. A five-year ordinary annuity has a present value of $1,000 and the interest rate is 10 percent of…
A: The formula for the calculation of PV of ordinary annuity is as follows: PV of…
Q: What is the present value of an annuity that consists of 24 semiannual payments of $8000 at the…
A: Present value is the current value of future cash flow with respect to time value of money.
Q: What is the present value of a $775 annuity payment over six years if interest rates are 11 percent?
A: In this question we need to compute the present value of annuity payment from below details: Annuity…
Q: If the present value of an ordinary, six-year annuity is $8,500 and the interest rates are 9.5…
A: Given: Resent value of Ordinary Annuity = $8500 Interest Rate = 9.5% Time =6 years So, the value of…
Q: What is the present worth of P500 annuity starting at the end of the third year and continuing to…
A: Annuities are basically the insurance contracts that guarantee to return a set amount of money on a…
Q: A certain annuity pays P10k every 6 months. If the present value of the annuity is P150k and the…
A: Nominal is a financial word with various possible meanings. It can refer to something that is little…
Q: What is the future value of a 3-year, $100 ordinary annuity if the annual interest rate is 10%?
A: The future value is the amount that will be received at the end of a certain period. In simple…
Q: Use PVOA Table to find the present value of an ordinary annuity with an annual payout of P5,000 for…
A: Following is the answer to the question
Q: If the present value of an ordinary, 6-year annuity is $9,400 and interest rates are 9.5 percent,…
A: Time value of money is the concept widely used by the management to determine the worth of money…
Q: A 5-year $100 ordinary annuity has an annual interest rate of 10%. What is its present value?
A: Present value of annuity is the equivalent value of all the cash flows which will be incurred at…
Q: what's the future value of the same annuity due?
A: An Annuity is a series of payments of fixed amounts and at fixed intervals. These can be of two…
Q: If a 48-month annuity has a present value of $6,700 and an annual discount rate of 5.8%, then how…
A: A theory that helps to compute the present or future value of the cash flows is term as the TVM…
Q: Suppose that an annuity will provide for 20 annual payments of 1440 dollars, with the first payment…
A: Total number of annual payments is 20 Annual payments $1440 First payment coming in 11 years from…
Q: What is the present value of an annuity that pays $58 per year for 13 years and an additional $1,000…
A: PMT = 58 Period = 13 years Nominal rate of interest = 7.23% Additional amount = 1000
Q: What is the present value of a $1,000 60-month annuity due, if r is 6% APR compounded monthly?
A: The time value of money is applied in the case of calculation for the present value of the annuity.…
Q: • A perpetuity will pay $900 per year, starting five years after the perpetuity is purchased. What…
A: Given, Payment is $900 Interest rate is 11%.
Q: What is the present value of an annuity consisting of payments of $800 every month for 8 years, with…
A: Present value is the current worth of the amount that is deposited or received in some future date…
Q: What is the future value of a regular $500 60-month annuity (first cash flow starting 1 period from…
A: Future value Money's value can be described in terms of its future value (compounded) or present…
Q: If the present value of an ordinary, 6-year annuity is $6400 and interest rates are 2.5 percent,…
A: Given: Present value (PV)= $ 6400 Interest rate (r)= 2.5% Number of years (n) = 6
Q: d. Calculate the future sum of $1,000, given that it will be held in the bank for 5 years earning an…
A: “Since you have posted a question with multiple sub-parts, we will solve first three subparts for…
Q: If the present value of an ordinary, 6-year annuity is $8,500 and interest rates are 9.5 percent,…
A: Given: Present value (PV)= $ 8500 Interest rate (r)= 9.5% Number of years (n) = 6
Q: What is the present value of a $1,000 60-month annuity, starting 6 months from today, if r is 6% APR…
A: Present Value of Deferred Annuity refers to the concept which dictates the discounted value of a sum…
Q: Suppose payments will be made for 6 1/4 years at the end of each month from an ordinary annuity…
A: given, n=6.25 m=12 r=4.25% PVA =$46,000
Q: What is the future value of general annuity of P48,000 per annum, for 5 years, at 15% interest…
A: Annual payment (P) = P48,000 Number of annual payments (n) = 5 Years Interest rate (r) = 15% Number…
Q: Given an interest rate of 6.5 percent per year, what is the value at date t = 8 of a perpetual…
A: Annual interest rate = 6.5% Annual payment = $ 900
Q: What is the future value of a $1,000 annuity payment over 4 years if the interest rates are 8…
A: Given details are: Annuity payment (PMT) = $1000 Time period (n) = 4 years Interest rate (I/Y) = 8%…
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: 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: What is the present value of a S1,000 annuity tor 10 years, with the lirst payment occurring at the…
A: Payments occurring at the end of year means its a ordinary annuity.
Q: Suppose the interest rate is 9% APR with monthly compounding. Then the present value of an annuity…
A: Present Value of annuity = P* [1-{1/(1+r)^n}] / r where, P= annuity amount r =rate per period i.e.…
Q: If the future value of an ordinary, 7-year annuity is $9,900 and interest rates are 9.0 percent,…
A: Given, Future Value = $9,900 Interest Rate = 9.0% Term = 7 years Formula: Future value of annuity…
Q: What is the present value of an ordinary annuity of $400 each month for eight years, assuming an…
A: Present Value Present value is the present worth of any sum of a money to be received in the future…
Q: A 10%, 4-year annuity pays $500.00 each year. What is the future value of the annuity?
A: “Since you have asked multiple questions, we will solve the first question for you. If you want any…
Q: 5. What is the future value of a b year odinary annuity With annual payments of $200, evaluated at a…
A: using the Fv function
Q: Find the quarterly payment if the PV of an Annuity is $6250 the Future Value is $9070 after 8 years…
A: PMT is a series of periodic payments like monthly, Quarterly, semi annually and annually.
Q: How much will be the future value of a 5-year ordinary annuity which has annual payments of $200,…
A: The question gives the following information:
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- Solve the problem. solve using the formula for the future value of an ordinary annuity. given the monthly payment, capital, the annual interest rate, are, and the number of monthly payments, antique, find the future value of the annuity. R=$1300; r = 8.5%; nt= 17 A) $24,398.04 B) $17,548.36 C) $23,397.81 D) $24,198.38 Please search only correct answer as I am | paying for this and I keep receiving incorrect oneDirections: Determine the kind of annuity used in the following situations. Then, solve the problem. Show complete solutions. What equal payments at the beginning of each 2 months for 4 years will discharge a debt of P180,000 due now if the interest rate is 18.48% compounded every 2 months? a. Kind of annuity: b. Computation:Find the future value of an annuity due with an annual payment of $14,000 for three years at 4% annual interest using the simple interest formula. How much was invested? How much interest was earned? What is the future value of the annuity? $ (Round to the nearest cent as needed.) How much was invested? S How much interest was earned? S (Round to the nearest cent as needed.) ←
- Answer the following question correctly refer to the given problem below and show your Complete Solution (Given, Required, Equation, Solution, Answer). Mr. Quiton loans an amount of Php 30,000.00 which is to be paid monthly for 5 years that will start at the end of 4 years , if converted monthly at 12%, how much is the monthly payment ? 1. What is the type of annuity illustrated in the given problem? A. Simple Annuity B. General Annuity C. Deferred Annuity D. Complex Annuity 2. Compute for the interest rate per period. A. 0.01 B. 0.05 C. 0.10 D. 0.12 3. Determine the present value of the loan. A. Php 12,000.00 B. Php 30,000.00 C. Php 60,000.00 D. Php 75,000.00In this problem. Deposits of 500 will be deposited starting at time 5 and will go on up to time 18. If the value of this annuity at time 5 will be solved, what is the value of n?For 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. (/= interest rate, and n= number of years) Note: Use tables, Excel, or a financial calculator. Round your final answers to nearest whole dollar amount. (FV of $1. PV of $1. FVA of $1. PVA of $1. EVAD of $1 and PVAD of $1) 1. $ 2 3 4. 15 Present Value Answer is complete but not entirely correct. Annuity Amount 2.200 145,000 190,000 72.523 45,787 8,784 558,865 480,945 520,000 240,000 8% 1.0% 9% 2.5% 10% n= 5 4 30 8 4
- I need help working out this problem. Complete the following for the present value of an ordinary annuity. (Use Table 13.2.) (Do not round intermediate calculations. Round your answer to the nearest cent.) Answer is complete but not entirely correct. Amount of annuity expected Payment Time Interest rate Present value (amount needed now to invest to receive annuity) $900 Annually 4 years 6%Use graphical approximation techniques or an equation solver to approximate the desired interest rate. A person makes annual payments of $1000 into an ordinary annuity. At the end of 5 years, the amount in the annuity is $5815.35. What annual nominal compounding rate has this annuity earned? Please step by step answer.The present value of an annuity is the amount needed now so that desired annuity payments may be made in the future. In this scenario annuity payments will be made at the beginning of each month. Thus, this is an annuity due. To find the present value of this annuity, the amount of money that should be deposited in an account now, the interest rate per period must first be found. The interest rate per period is calculated using the nominal, or annual, rate and the number of periods per year as follows. interest rate per period = nominal rate periods per year The rate was given to be 6%. Interest is compounded monthly, or 12 times per year. Find the interest rate per period. interest rate per period = nominal rate periods per year = % 12 = % The total number of compounding periods will be 1 less than the number of years annuity payments will be made multiplied by the number of compounding periods per year. There are 12…
- Use graphical approximation techniques or an equation solver to approximate the desired interest rate. A person makes annual payments of $1000 into an ordinary annuity. At the end of 5 years, the amount in the annuity is $ l5764.52. What annual nominal compounding rate has this annuity earned? Type the interest rate % (round to 2 decimal places)Use a calculator to evaluate an ordinary annuity formula. For m, r, and t (respectively). Assume monthly payments. (Round your answer to the nearest cent). $50, 8%, 4 years.What is the present value of a 10-year annuity of $5,250 per period in which payments come at the beginning of each period? The interest rate is 11 percent. Use Appendix D for an approximate answer, but calculate your final answer using the formula and financial calculator methods. When using Appendix D to find the present value of this annuity due, subtract 1 from n and add 1 to the table