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 =…
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A: Accumulated value can be calculated by using the future value of annuity due. As it is a immediate…
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A:
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A: Future value of annuity =P * [ (1+r)^n - 1 ] /r Where, P = $100 n = 8*12 i.e. 96 r = 5%/12 i.e.…
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A: Future Value: It refers to the amount or future worth of an asset at a particular date in the…
Q: Find the future value of an annuity due
A: An Annuity is a series of payments of fixed amounts and at fixed intervals. These can be of two…
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A: Given: Periodic payment (P) =$250 Rate of interest per month = 5% annually Rate of interest monthly…
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A: Present value of annuity is the equivalent value of annuity today considering the interest rate and…
Q: Find the future value of an annuity of $1200 paid at the end of each year for 10 years, if interest…
A: FV of Annuity = C(1+i)n-1/i Where C= Cash flow per period i= Interst rate n= No. of Payment
Q: Find the future value of an annuity due
A: Future value i.e. FV of an annuity due shows the worth of total amount of regular payments made at…
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A: Working note:
Q: value of the given annu
A: The future value of the annuity can be calculated as follows :
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A: Answer Annuity formula PV = C / R Where: PV = Present value C = Amount of continuous cash payment r…
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A: The present value of annuity is the current worth of periodic annuity payments. The annuity…
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A: Here, the amount of periodic withdrawals is monthly payment. Hence, monthly interest rate should be…
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A: Present value of annuity represents the current value of the future payments for an annuity. There…
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A: Annuity refers to the periodic payments that a financial contract or deposit promises to pay on a…
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…
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A: Annuity refers to series of annual payment which is paid or received at start or ending of specific…
Q: Find the future value of the annuity due. Payments of $500 per quarter for 3 years at 7% compounded…
A: FV = Future value? C = Quarterly cash flow i.e. $500 r = Quarterly Interest rate i.e. 0.0175 (0.07 /…
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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 future value of a quarterly annuity due of $4,800 for three years at 10% annual interest…
A: When the amount is deposited in the beginning of the period (month/year), it is called as the…
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A: Present Value: The present value (PV) is the present sum of a series of fixed payments. The series…
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A: An annuity is a stream of cash flows that are regularly paid to an individual at regular intervals…
Q: Find the future value of the ordinary annuity. (Round your answer to the nearest cent.)$130 monthly…
A: RATE (5.25%/12) 0.4375% YEARS /PERIOD (2*12) 24 PMT (MONTHLY PAYMENT) 130 PRESENT VALUE $0
Q: Use Table 12-2 to find how much should be deposited now at 6% interest, compounded monthly, to yield…
A: Concept:
Q: Find out how much you should deposit now at 9% interest, compounded annually, to yield an annuity…
A: Present value = ( a / r) * { 1 - 1 / (1 + r ) ^ n }
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A: future value of annuity due is a series of payments made at the beginning of each period
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A: Future value of ordinary annuity formula is: C is periodic deposits r is periodic interest rate n…
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A:
Q: Fine the periodic payment needed to attain the future value of the annuity. Round your answer to the…
A: An annuity is series of periodic payments that are received at future dates.
Q: Find the future value of an ordinary annuity of $5,000 paid quarterly for 5 years, if the interest…
A: The formula of future value of ordinary annuity is as follows- Future value of ordinary annuity…
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A: The future value (FV) of the annuity is defined as the one value of future recurring payments at a…
Q: Find the future value of an annuity due of $100 each quarter for 2 1/2 years at 12% compounded…
A: Formula: FV = { P [ ( 1 + r )N - 1 ] / R } ( 1 + r ) P = Principal value R = Interest.
Q: What is the present value of an ordinary annuity with annual payments of $660 at 9% annual interest…
A: In ordinary annuity, payment is due at the end of month. Present value of ordinary annuity can be…
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A: We use Fv function in excel to find future value
Q: Find the future value (FV) of the annuity due. (Round your answer to the nearest cent.)$185 monthly…
A: RATE (7%/12) 0.5833333% YEARS (12*12) 144 PMT (MONTHLY PAYMENT) 185 PRESENT VALUE $0
Q: Find the future value of an ordinary annuity of $80 paid at the end of each quarter for 5 years, if…
A: A concept that implies the future worth of the money is lower than its current value due to several…
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A: Here compounding is given quarterly. So, there will be four quarters in a year. Divide rate by 4 to…
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A: Future value of annuity due for payments (P) $1000 made at the beginning of each 6 months for a…
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A: Calculation of Nominal Annual Rate of Interest:The Nominal Annual Rate of Interest can be calculated…
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A: The quarterly amount is $2,000. The annual interest rate is 6.6%, compounded quarterly, So, interest…
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A: Future value refers to the value of inflows that is going to be receive in future on particular…
Q: Find the amount (future value) of the ordinary annuity. (Round your answer to the nearest cent.)…
A: Future value can be calculated using FV (rate, nper, pmt, [Pv], [type]) Rate The interest rate Nper…
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$165 monthly payment, 6.75% interest, 14 years
$
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- Find the future value of the ordinary annuity. (Round your answer to the nearest cent.) $120 monthly payment, 5.25% interest, 1 year $Find the future value of the given annuity. (Round your answer to the nearest cent.) annuity due, $145 monthly payment, 7-% interest, thirteen years 4Find the future value of the ordinary annuity. (Round your answer to the nearest cent.)$130 monthly payment, 5.25% interest, 2 years
- Find the future value of the given annuity. (Round your answer to the nearest cent.) Ordinary annuity, $165 monthly payment, 7 1/8% interest, eleven years... $ ______________Complete this annuity due: (Round your answer to the nearest cent.) Amount of Payment Payment Payable Years Interest Rate Value of Annuity $750 Quarterly 4 16%Find the future value of the given annuity. (Round your answer to the nearest cent.) ordinary annuity, $130 monthly payment, 5 3 4 % interest, one year
- Find the future value of an annuity in 16 years if you deposit $110 at the end of each compounding period into an account paying 3.00% compounded quarterly. O $9146.90 $ 8993.34 O $ 2217.26 O $ 8445.74Find the future value of an annuity in 18 years if you deposit $85 at the end of each compounding period into an account paying 2.00% compounded monthly. $7344.75 $ 26295.83 $ 22077.90 O $3661.53Find the amount accumulated FV in the given annuity account. (Assume end-of-period deposits and compounding at the same intervals as deposits. Round your answer to the nearest cent.) $2,200 is deposited quarterly for 20 years at 3% per year FV = $ Need Help? Read It Watch It Submit Answer
- Find the amount accumulated FV in the given annuity account. (Assume end-of-period deposits and compounding at the same intervals as deposits. Round your answer to the nearest cent.) $200 is deposited monthly for 10 years at 6% per year in an account containing $9,000 at the start FV = $ 49150 Need Help? Read It Watch It Submit Answerecalculate the future value (in $) of the ordinary annuity. (Round your answer to the nearest cent.) Nominal Annuity Payment Time Future Value Payment Frequency Interest Period (years) Rate (%) Compounded of the Annuity $4,500 every 6 months 4 semiannuallyFind the future value of an annuity in 8 years if you deposit $80 at the end of each compounding period into an account paying 3.00% compounded daily. $ 253995.32 $ 260386.98 O $ 1434.59 O $2881.19